The Schall Law Firm, a prominent national shareholder rights litigation firm, is reminding investors about a class action lawsuit against Archer-Daniels-Midland Company (ADM) for alleged violations of securities laws. The lawsuit claims that ADM made false and misleading statements to the market, causing investors to suffer damages.
According to the Complaint, ADM portrayed its Nutrition segment as a profit-driver for its future, emphasizing its ability to capitalize on consumer demand for healthy foods and natural ingredients. The company also highlighted the Nutrition segment’s potential to provide stability and diversification to its earnings. However, it is alleged that the Nutrition segment’s growth was based on inaccurate accounting practices.
Investors who purchased ADM securities between April 30, 2020, and January 22, 2024, are encouraged to contact The Schall Law Firm before March 25, 2024. The firm, led by Brian Schall, specializes in securities class action lawsuits and shareholder rights litigation. Investors who suffered losses have the opportunity to join the case and potentially recover their losses.
It is important to note that the class in this case has not yet been certified, and until certification occurs, investors are not represented by an attorney. However, if investors choose to take no action, they can remain as absent class members.
The Schall Law Firm is dedicated to representing investors worldwide and ensuring their rights are protected. The firm can be contacted through their website or by phone to discuss the case free of charge.
Please note that this press release may be considered Attorney Advertising in some jurisdictions under applicable law and rules of ethics.
Overall, it is crucial for investors to stay informed about potential legal actions and take appropriate steps to protect their rights. The Schall Law Firm is committed to advocating for shareholders and seeking justice in securities class action lawsuits.
