Update on Lawsuit for Archer-Daniels-Midland Company (NYSE: ADM) Investors – August 15, 2024
Archer-Daniels-Midland Company (NYSE: ADM) is facing a lawsuit from investors who allege violations of securities laws. The lawsuit, filed on January 24, 2024, claims that the company made false and misleading statements about the performance and prospects of its Nutrition segment, as well as its accounting practices. The defendants allegedly created the impression that the Nutrition segment would drive future profits for the company, leading to a positive outlook for investors.
An amended complaint was filed on June 24, 2024, further detailing the allegations against Archer-Daniels-Midland Company. Investors who purchased shares of NYSE: ADM in 2021 or earlier and continue to hold those shares are encouraged to contact the Shareholders Foundation, Inc. for more information on their options.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information on shareholder issues and securities class actions. Investors should be aware that the information provided is for informational purposes only and is not intended as legal advice.
For more information on the lawsuit against Archer-Daniels-Midland Company and how it may impact investors, contact the Shareholders Foundation, Inc. at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
Source: Shareholders Foundation, Inc.