Nov 13, 10:03 PM

ADM Files Non-Timely 10-Q Amid $12 Billion Accounting Scandal

Archer-Daniels-Midland (ADM) has filed a non-timely 10-Q with the U.S. SEC, causing its shares to fall. The delay in releasing its third-quarter financial statement comes as the company works to restate previous reports. ADM's compliance chief is leaving the company amidst a months-long accounting scandal that has wiped almost $12 billion off the value of the commodities trader.

#ADM

Written with ChatGPT (GPT-4o).

Sources

Markets News@MarketsDotNews
2 years ago
DFS, a financial services company, has announced a delay in filing its financial statements with the SEC due to an ongoing accounting dispute. #DFS #SEC #accountingdispute
Marc Cohodes@AlderLaneEggs
2 years ago
$RILY tangible book value is approaching NEGATIVE $40/share with 1.8 billion of Debt and No Cash oh and they cant file financials with the Founder Lying about the shares he owns.. This is the largest Financial Fraud I have ever seen and I have seen them all.. Its time Adults stop…
HiddenPivots@HiddenPivots
2 years ago
$RILY is a #Hoax #Fraud must seize from operating in the financial sector as it should be delisted. Full stop @AlderLaneEggs @Seawolfcap @AureliusValue https://t.co/BFmXtg1MpV

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