US Justice Department probing ADM accounting practices -sources 

US Justice Department probing ADM accounting practices -sources

Feb 05, 2024 by Business & Finance | Reuters News Agency

Key Facts

  • 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.

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