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SEC Whistleblower Could Collect $24 Million Reward

The SEC announced last week that it had fined St. Louis-based agribusiness giant Monsanto $80 million for the company's alleged violations of accounting rules and misstatements of company earnings pertaining to its flagship product Roundup.
The case came to the SEC's attention following a complaint from a Monsanto employee, who now stands to collect up to $24 million in return under the rules of the SEC's whistleblower program.
According to the SEC's 2015 Annual Report to Congress on its Whistleblower program, more than $37 million was paid to whistleblowers in 2015 for providing "original information" that led to a successful Commission enforcement action with monetary sanctions totaling over $1 million.
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