What happened? On September 10, the SEC announced that John Deere agreed to pay almost $10 million to resolve allegations it had violated the FCPA. The SEC alleged that Wirtgen Thailand, an indirect subsidiary of John Deere, engaged in numerous bribery schemes to obtain government business. John Deere acquired the Wirtgen Group, the parent company of Wirtgen Thailand, in December 2017, and thus was responsible for the conduct of the Thai subsidiary under the theory of successor liability.
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