Defendant Name: AGCO Corporation

Defendant Type: Public Company
SIC Code: 3523
CUSIP: 00108410

Initial Case Details

Legal Case Name In the Matter of AGCO Corporation
First Document Date 30-Sep-2009
Initial Filing Format Civil Proceeding
Case Number 09-cv-01865
Allegation Type Foreign Corrupt Practices Act
Federal District Court District of Columbia, District of Columbia

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 30-Sep-2009
Headline Total Penalty and Disgorgement $18,307,393

Related Documents:

comp21229 30-Sep-2009 Complaint
Complaint
The SEC stated: "From approximately 2000 through 2003, AGCO Corporation ("AGCO") violated the books and records and internal controls provisions of the Foreign Corrupt practices Act (the "FCPA") when its subsidiaries made approximately $5.9 million in kickpack payments in connection with their sales of humanitarian goods to Iraq under the United Nations ("UN") Oil for Food Program."
2009-212 30-Sep-2009 Press Release--Civil Action
AGCO Corporation Agrees to Pay $18.3 Million to Settle SEC Charges of FCPA Violations
The SEC stated that: "[It] charged AGCO Corporation with violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA), alleging that certain subsidiaries made approximately $5.9 million in kickback payments related to their sales of humanitarian goods to Iraq under the United Nations Oil for Food Program. AGCO Corporation, a manufacturer and supplier of agricultural equipment headquartered in Duluth, Ga., has agreed to pay more than $18.3 million to settle the SEC's charges."
LR-21229 30-Sep-2009 Litigation Release
SEC Files Settled Books and Records and Internal Controls Charges Against AGCO Corporation For Improper Payments to Iraq Under the U.N. Oil for Food Program -- AGCO Agrees to Pay Over $18.3 Million in Disgorgement, Interest, and Penalties
The SEC stated that: "[It] filed Foreign Corrupt Practices Act books and records and internal controls charges against AGCO Corporation in the U.S. District Court for the District of Columbia."
court_doc2_09-cv-01865 04-Nov-2009 Court Docket Document
Final Judgment as to Defendant AGCO Corporation
On November 4, 2009, the Court issued a final judgment as to Defendant Agco Corporation, stating: "Defendant Agco Corporation . . . consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment". "