US Justice Department probing ADM accounting practices -sources | Reuters News Agency
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Business & FinanceEconomyPolitics
05 February 2024, 1:17 pm 1 minute
Reuters exclusively reported that the U.S. Justice Department is probing accounting practices at Archer Daniels Midland Co (ADM.N), ramping up pressure on the global commodities giant.
Market Impact
New York-listed shares of ADM’s stock dropped 24% on Jan. 22 after the company disclosed the previous day that it had suspended its CFO amid an internal probe into accounting practices related to its Nutrition division.
Article Tags
Topics of Interest: Business & FinanceEconomyPolitics
Type: Reuters Best
Sectors: Economy & PolicyFinancial ServicesLegal Services
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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