ADM - Archer Daniels Midland (ADM) Faces Securities Class Action After Placing CFO On Leave Amid Accounting Probe and SEC Investigation – Hagens Berman | Benzinga

SAN FRANCISCO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Archer Daniels Midland Co. (NYSE:ADM) investors who suffered substantial losses to submit your losses now.

Class Period: Apr. 30, 2020 – Jan. 22, 2024
Lead Plaintiff Deadline: Mar. 25, 2024
Visit: www.hbsslaw.com/investor-fraud/adm
Contact An Attorney Now: ADM@hbsslaw.com
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Archer Daniels Midland Co. (ADM) Securities Fraud Class Action:

The litigation focuses on Archer Daniels' statements about the performance of its Nutrition segment, a business the company poured billions of dollars into to protect against commodity price volatility in its legacy agricultural commodities trading business.

The complaint alleges Archer Daniels made misleading statements and concealed that: (1) the Nutrition segment's financial reporting and accounting practices did not provide investors with an accurate impression of the company's performance and future prospects, including reported operating profits; (2) the Nutrition segment's accounting ...

ADM) Faces Securities Class Action After Placing CFO On Leave Amid Accounting Probe and SEC Investigation – Hagens Berman>Full story available on Benzinga.com