Huge News: Monsanto to Pay $80 Million for Misrepresenting Round Up Earnings
Monsanto just keeps being forced to pay the piper. The mega-corp has lied to consumers about the safety of GM seed and their best-selling herbicide, and now it is being held accountable for stealing from and cheating its investors.
The company will pay an $80 million settlement to the US Securities and Exchange Commission (SEC) as a penalty for lying about earnings for glyphosate-riddled herbicide, Round Up. The SEC charges that Monsanto violated accounting rules and misstated company earnings as it pertained to its flagship product.
