Reuters exclusively reported that the U.S. Justice Department is investigating Archer-Daniels-Midland’s ethanol trading operation as part of a broader probe of the commodities giant’s accounting practices.
Business & FinanceGovernment
US Justice Department is also probing ADM’s ethanol trading desk
14 March 2024, 11:26 am 1 minute
Market Impact
ADM’s shares are down more than 13% since it disclosed in late January that it had suspended its chief financial officer and was delaying financial results amid an internal probe into its Nutrition division accounting.
Article Tags
Topics of Interest: Business & FinanceGovernment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
