John Deere Settles Foreign Bribery Case with $9.9 Million Agreement

Sep 19, 2024

Deere & Company has agreed to pay $9.9 million to settle charges from the Security and Exchange Commission alleging that the company violated the Foreign Corrupt Practices Act, which prohibits U.S. companies from paying foreign government officials to aid in acquiring business.

The SEC concluded that Deere was in violation of the FCPA's record keeping policies and Deere & Company agreed to the SEC's order to cease and desist from further violations of the FCPA. The $9.9 million is a result of 2 separate payments — $5.4 million which the company is alleged to have profited from the scandal as well as $4.5 million in additional civil penalties.

Despite calls from various organizations for top Deere officials to resign, the terms of the $9.9 million settlement do not include any acknowledgement of fault or denial of guilt from Deere.

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Video: Do Stress-Resilient Sows Raise Better Piglets? - Dr. Andrea Luttman?

In this special rerun episode of The Swine it Podcast Show Canada, Dr. Andrea Luttman from Michigan State University explores how gestational social stress affects sow resilience and piglet development. She explains physiological indicators like cortisol patterns, behavioral differences, and their implications for long-term performance. Listen now on all major platforms!

“Resilience to stress means animals are either minimally affected or can recover quickly after experiencing a stressor.”

Meet the guest: Dr. Andrea Luttman / andrea-luttman-47ab74171 is an Assistant Professor at Michigan State University specializing in swine production systems management. She earned her Ph.D. in Genetics and Genome Sciences and focuses her research on swine physiology and stress resilience. Her work examines social stress in gestating sows, offspring development, breeding herd longevity, and gene-environment interactions to improve production efficiency and sustainability. Hear Dr. Luttman on The Swine it Canada Podcast Show, available on all major platforms.