Monsanto whistleblower awarded $22 million after exposing ‘shady deals’
This is the kind of thing nightmares are made of:
It’s not just the numbers fudging! Monsanto wants to merge “with John Deere, which manufactures farming, construction and forestry equipment. The Justice Department has filed a lawsuit to block the deal, arguing that if it goes through, it will give John Deere “a stranglehold on the market for high-speed precision-planting devices,” USA Today reports.”
Is 2016 the new 1984?
September 7, 2016
The Securities and Exchange Commission has paid out the second largest settlement in U.S. history to a former Monsanto executive who blew the whistle on the biotech giant’s shady business dealings involving Roundup, a widely used herbicide containing glyphosate which was labeled a probable human carcinogen by the World Health Organization last spring.
The whistleblower’s identity is being kept secret, according to reports, presumably to protect the individual from the potential backlash of powerful industry groups.
The former Monsanto executive, who exposed “accounting improprieties” involving Roundup, has been awarded more than $22 million, according to CNBC.
“The award of $22,437,800 was tied to an $80 million settlement between the SEC and Monsanto in February, according to the lawyer, Stuart Meissner in New York, in a statement.”
Federal government accuses Monsanto of fudging sales numbers for weed killer
The SEC has accused Monsanto
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