LOS ANGELES, CA / ACCESSWIRE / March 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Archer-Daniels-Midland Company ("ADM" or "the Company") (NYSE:ADM) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 30, 2020 and January 22, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 25, 2024.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. ADM portrayed its Nutrition segment as a profit-driver for its future due to its ability to capitalize on consumer demand for healthy foods and natural ingredients. The Company also touted the Nutrition segment's ability to provide stability and diversification to its earnings. Despite its claims, the Nutrition segment's supposed growth was based on inaccurate accounting practices. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about ADM, investors suffered damages.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE: The Schall Law Firm
View the original
press release on accesswire.com
