Investigations Monsanto legal cases

1 investigations

1.1 2009 antitrust investigation
1.2 brofiscin quarry
1.3 sec investigation

investigations
2009 antitrust investigation

in 2009, monsanto came under scrutiny u.s. department of justice, began investigating whether company s activities in soybean markets breaking anti-trust rules. in 2010, department of justice created website through comments on agriculture , antitrust enforcement issues in our 21st century economy submitted; on 15,000 comments submitted including letter 14 state attorneys general. comments publicly available. on november 16, 2012, monsanto announced had received written notification u.s. department of justice antitrust division had concluded inquiry , department of justice had closed inquiry without taking enforcement action. opponents of monsanto s seed patenting , licensing practices expressed frustration department of justice released no information results of inquiry.

brofiscin quarry

brofiscin quarry used waste site 1965 1972 , accepted waste bp, veolia, , monsanto. 2005 report environmental agency wales found quarry contained 75 toxic substances, including heavy metals, agent orange, , polychlorinated biphenyls (pcbs). environmental agency of uk investigated responsible parties should held liable clean costs, , in february 2011, guardian reported monsanto had agreed costs of remediation, did not accept responsibility pollution. webpage @ environmental agency site put @ around time stated: have completed our extensive enquiries identify consider should held responsible under contaminated land laws , held liable cost of remediating brofiscin quarry. @ advanced stage in our consultations bp, veolia , monsanto provide them opportunity remediate land on voluntary basis. expect make further progress on matter in next few months. if approach unsuccessful, have power carry out work needed ourselves , recover our costs. 3 companies have been identified under legislation inheriting liabilities of companies associated depositing wastes @ quarry. 3 companies reached settlements cover cleanup cost, according announcement natural resources wales in july 2015.

sec investigation

in february 2016, monsanto agreed pay $80 million settlement after u.s. securities , exchange commission investigation found monsanto had misstated earnings in filings on 3-year period. misleading statements connected monsanto s failure account costs involved in roundup rebate programs.