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Violation Tracker Individual Record

Company: Deere & Company
Current Parent CompanyDeere
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $9,900,000
Year: 2024
Date: September 10, 2024
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Violation Description: The Securities and Exchange Commission announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary, Wirtgen Thailand.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: agribusiness
Specific Industry of Current Parent: agricultural equipment
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.