ADM - Archer-Daniels-Midland Sued By Block & Leviton LLP for Securities Law Violations | Benzinga
BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, announces that it has filed a class action lawsuit on behalf of shareholders against Archer-Daniels-Midland Company (NYSE:ADM) and certain of its executives, for securities fraud. The complaint was brought in United States District Court for the Northern District of Illinois and is captioned Chow v. Archer-Daniels-Midland Company, et al., No. 1:24-cv-00634 (N.D. Ill.) and is brought on behalf of investors that incurred damages on their purchases in Archer-Daniels-Midland Company securities between April 30, 2020 and January 22, 2024, inclusive.
A class has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Investors who purchased Archer-Daniels-Midland Company shares between April 30, 2020 and January 22, 2024 and who lost money are strongly encouraged to contact Block & Leviton attorneys at (617) 398-5600, via email at cases@blockleviton.com, or to visit our website for information on the case.
The deadline to seek appointment as lead plaintiff is March 25, 2024.
The lawsuit alleges that over the past decade, Archer-Daniels-Midland ("ADM") has spent billions of dollars trying to expand its Nutrition business to protect against commodity price volatility in its legacy agricultural commodities trading business.
It is alleged that throughout the Class Period, Defendants made false and/or ...