Archer-Daniels-Midland Investigated by Block & Leviton For Potential Securities Law Violations: Investors Who Have Lost Money Are Encouraged to Contact the Firm
BOSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) — Block & Leviton is investigating Archer-Daniels-Midland Company (NYSE: ADM) for potential securities law violations. Investors who have lost money in their Archer-Daniels-Midland Company investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/adm.
What is this all about?
Archer-Daniels-Midland placed CFO Vikram Luthar on administrative leave pending an investigation into certain accounting practices and procedures in the Company’s Nutrition reporting segment. ADM will delay the release of its Form 10-K for 2023 and is withdrawing guidance for its nutrition unit.
Shares of Archer-Daniels-Midland stock dropped as much as 15% in premarket trading on January 22, 2024.
Who is eligible?
Anyone who purchased Archer-Daniels-Midland Company common stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you’ve lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation’s top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.
This notice may constitute attorney advertising.
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: [email protected]
SOURCE: Block & Leviton LLP