Newly Disclosed SEC Investigation: More Bad News Likely From ADM

Submitted by Probes Reporter on Mon, 2024-01-22 17:39

ADM

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PDF icon Newly Disclosed SEC Investigation: More Bad News Likely From ADM

Newly Disclosed SEC Investigation:  More Bad News Likely From ADM

ADM issued an unusual press release over the weekend, on Sunday, 21-Jan-2024.  The CFO was put on administrative leave with related news of an SEC inquiry.  Earnings report to be delayed.

In short, the set-up here says we’re likely not done yet.  Expect more bad news.  At minimum, a restatement.

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