Archer-Daniels-Midland Co. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, Jan. 22, 2024 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Archer-Daniels-Midland Co. (“ADM”) (NYSE: ADM) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. ADM investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

On January 21, 2024, ADM announced that the company placed its chief financial officer on leave and cut its earnings outlook pending an investigation into the agricultural trading giant’s accounting practices.

CFO Vikram Luthar has been put on administrative leave, effective immediately, and Ismael Roig will serve as interim CFO, the company said in a statement on Sunday.

ADM also disclosed a voluntary document request by the Securities and Exchange Commission, around certain practices and procedures with respect to the company’s nutrition reporting segment.

On this news ADM shares fell sharply in value.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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