US Justice Department is also probing ADM’s ethanol trading desk 

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Business & FinanceGovernment

Reuters exclusively reported that the U.S. Justice Department is investigating Archer-Daniels-Midland’s ethanol trading operation as part of a broader probe of the commodities giant’s accounting practices. 

Market Impact

ADM’s shares are down more than 13% since it disclosed in late January that it had suspended its chief financial officer and was delaying financial results amid an internal probe into its Nutrition division accounting. 

Article Tags

Topics of Interest: Business & FinanceGovernment

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Americas

Countries: US

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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