US Justice Department probing ADM accounting practices -sources  | Reuters News Agency


Business & FinanceEconomyPolitics

Reuters exclusively reported that the U.S. Justice Department is probing accounting practices at Archer Daniels Midland Co (ADM.N), ramping up pressure on the global commodities giant. 

Market Impact

New York-listed shares of ADM’s stock dropped 24% on Jan. 22 after the company disclosed the previous day that it had suspended its CFO amid an internal probe into accounting practices related to its Nutrition division.

Article Tags

Topics of Interest: Business & FinanceEconomyPolitics

Type: Reuters Best

Sectors: Economy & PolicyFinancial ServicesLegal Services

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story


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