Tom Philpott wrote for Mother Jones 19 July 2011, SEC Investigates Monsanto's Roundup Biz
The SEC is investigating Monsanto's tactics for defending the market for its herbicide, Roundup. The news emerged just before the July 4 holiday weekend, during Monsanto's press conference about its quarterly financial earnings. Company execs boasted of a 77 percent increase in profit before dropping a mini-bombshell, The Wall Street Journal reported:A subpoena sounds like a start. If they do a real investigation I wouldn't be surprised if they find enough evidence to pull some licenses.Monsanto said it was cooperating with a previously undisclosed US Securities and Exchange Commission probe into its customer incentive programs for herbicides in fiscal years 2009 and 2010, and had received a subpoena to provide related documents.