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: Causal Impact Of PRRS Dosing - Dr. Edison Magalhaes

In this episode of The Swine Health Blackbelt Podcast, Dr. Edison Magalhaes from Iowa State University presents findings from a large-scale retrospective cohort study evaluating the causal impact of full-dose PRRS immunization on nursery mortality. Using production data and advanced analytical methods, he explains how confounding factors changed the interpretation of results and highlights practical lessons for veterinarians and producers making data-driven decisions. Listen now on all major platforms!

Click here to read the full research article: https://pmc.ncbi.nlm.nih.gov/articles...

"Raw production data can mislead immunization decisions when confounding factors hide the real value of full-dose PRRS protocols."

Meet the guest: Dr. Edison Magalhaes / edison-magalhaes-9b37b812a is an Assistant Professor in the Department of Animal Science at Iowa State University and holds degrees in Veterinary Medicine, Business Administration, and advanced training through MSc and PhD programs. His research applies data science and epidemiological methods to large scale swine production systems, helping transform production records into practical decisions for health and performance. Listen to The Swine Health Blackbelt Podcast featuring Dr. Edison Magalhaes on all major platforms.