SEC Files Accounting and Disclosure Fraud Charges Against ADM and Three Former Executives

Interesting: 0/0 • Support: 0/0Log in to vote

Key takeaways

The SEC announced enforcement actions on January 27, 2026 alleging accounting and disclosure fraud involving Archer-Daniels-Midland Company (ADM).
The agency filed settled charges against ADM and two former executives, Vince Macciocchi and Ray Young.
The SEC filed a litigated action (not settled) against a former ADM executive, Vikram Luthar.
The SEC's announcement is posted as a press release on its website: https://www.sec.gov/newsroom/press-releases/2026-15-sec-charges-adm-three-former-executives-accounting-disclosure-fraud

Follow Up Questions

What specific accounting and disclosure fraud allegations did the SEC make against ADM and the executives?Expand

The SEC alleges ADM and former executives materially inflated the reported performance of ADM’s Nutrition segment by using intersegment transactions and accounting adjustments that shifted profits from other ADM units into Nutrition (including selling goods to Nutrition at below-cost prices), and then made misleading disclosures to investors about Nutrition’s results and role in company growth.

Sources

Comments

Only logged-in users can comment.

Loading…