US Justice Division can also be probing ADM’s ethanol buying and selling desk
Enterprise & FinanceAuthorities
14 March 2024, 11:26 am 1 minute
Reuters completely reported that the U.S. Justice Division is investigating Archer-Daniels-Midland’s ethanol buying and selling operation as a part of a broader probe of the commodities big’s accounting practices.
Market Affect
ADM’s shares are down greater than 13% because it disclosed in late January that it had suspended its chief monetary officer and was delaying monetary outcomes amid an inside probe into its Vitamin division accounting.
Article Tags
Matters of Curiosity: Enterprise & FinanceAuthorities
Kind: Reuters Finest
Sectors: Commodities & Power
Areas: Americas
Nations: US
Win Sorts: Exclusivity
Story Sorts: Unique / Scoop
Media Sorts: Textual content
Buyer Affect: Important Nationwide Story
