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SEC Clears Deere Following Investigation

January 10, 2013  By From Canada Newswire


January
10, 2013, Moline, Ill. /CNW/ – Deere & Company has been notified in a
letter from the U.S. Securities and Exchange Commission Enforcement Division
staff that it has completed an investigation of John Deere and does not plan to
pursue any enforcement action.

January
10, 2013, Moline, Ill. /CNW/ – Deere & Company has been notified in a
letter from the U.S. Securities and Exchange Commission Enforcement Division
staff that it has completed an investigation of John Deere and does not plan to
pursue any enforcement action.


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In
August 2011, news media reported that Deere & Company was subject to an
inquiry concerning alleged payments to foreign officials in Russia and
surrounding countries. At that time, Deere stated that it had received a
request from the SEC that Deere produce documents related to the company's
activities, and those of third parties, in certain foreign countries.


Deere
said it fully cooperated with the SEC during the investigation and is pleased
to report this conclusion. The company also stated that Deere remains committed
to its core value of doing business with the highest integrity around the
globe.


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