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Deere & Company
DE has been notified
in a letter from the U.S. Securities and Exchange Commission Enforcement
Division staff that it has completed an investigation of Deere and does not
plan to pursue any enforcement action.
In August 2011, news media reported that Deere & Company was subject to an
inquiry concerning alleged payments to foreign officials in Russia and
surrounding countries. At that time, Deere stated that it had received a
request from the SEC that Deere produce documents related to the company's
activities, and those of third parties, in certain foreign countries.
Deere said it fully cooperated with the SEC during the investigation and is
pleased to report this conclusion. The company also stated that Deere remains
committed to its core value of doing business with the highest integrity
around the globe.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: News
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