ADM agrees to pay $40 million to settle SEC accounting fraud case

Ag company ADM has agreed to pay a $40 million civil penalty to settle a federal accounting and disclosure fraud case brought by the U.S. Securities and Exchange Commission. The SEC’s complaint alleged ADM and its former executives materially inflated the performance of the company’s Nutrition business, which ADM “touted to investors as an important […]

The post ADM agrees to pay $40 million to settle SEC accounting fraud case appeared first on Brownfield Ag News.

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