Business

Archer-Daniels-Midland Company Facing Class Action Securities Lawsuit

Archer-Daniels-Midland Company, also known as ADM, is facing a class action securities lawsuit for alleged securities fraud between April 30, 2020, and January 22, 2024. Levi & Korsinsky, LLP, a renowned law firm, is notifying investors who suffered losses during this period to come forward and seek compensation.

The lawsuit alleges that the defendants, including the Company, made false and/or misleading statements about the performance and prospects of ADM’s Nutrition segment and its accounting practices. Specifically, positive statements were made about the Nutrition segment as a future profit-driver for the Company, creating the impression that its growth would provide more diversification and earnings stability for ADM.

Investors who suffered a loss in ADM during the relevant time frame have until March 25, 2024, to request that the Court appoint them as lead plaintiff. It is emphasized that there is no cost or obligation to participate, and class members may be entitled to compensation without payment of any out-of-pocket costs or fees.

Levi & Korsinsky, with over 20 years of experience, has a track record of securing significant compensation for aggrieved shareholders and is known for representing investors in complex securities litigation. The firm has been consistently ranked as one of the top securities litigation firms in the United States.

For more information and to be contacted by a member of the Levi & Korsinsky team, investors can follow the link provided by the firm. Additionally, investors may also contact Joseph E. Levi, Esq. via email or telephone.

It is essential for affected investors to take note of this opportunity and consider seeking the compensation they may be entitled to.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *