Deere Drops Lawsuit Against AGCO Employee

AGCO announced that Deere & Co. has dismissed a federal lawsuit the company filed last month against a current AGCO director of marketing and a former Deere sales branch manager, AgriMarketing reports.

Deere filed suit because the ex-employee resigned his 21-year position with Deere to accept a position with AGCO.

Deere agreed to dismiss the case following the court filings in which the ex-employee denied he was in possession of any confidential information, and stated that his responsibilities at AGCO will not be in conflict with any obligations or contractual agreements he had with Deere.

The ex-employee is continuing in his position as director of marketing with AGCO.