Ex-Monsanto Employee Gets $22 Million From SEC, Lawyer Says
- Company had agreed to pay $80 million to settle agency’s case
- Whistleblower was a financial executive, according to lawyer
Containers of Roundup, a weed killer by Monsanto.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
The U.S. Securities and Exchange Commission awarded $22 million to a former Monsanto Co. employee who tipped off the regulator to improper accounting, according to the whistleblower’s attorney.
The whistleblower was a financial executive with Monsanto, which agreed in February to pay $80 million to settle with the SEC in a case tied to reporting of revenue from its weed-killer Roundup, according to Stuart Meissner, the ex-employee’s attorney. Meissner didn’t identify the tipster by name in a statement released Tuesday.