00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Archer, Daniels Midland Company, agrees.
00:05Agreed to pay a $40 million civil penalty to settle charges from the SEC over inflation.
00:10The Grain Trader...
00:15...to reach the settlement without admitting or denying wrongdoing.
00:18And the Justice Department closed...
00:20...a related investigation without filing criminal charges.
00:23The SEC...
00:25...sued ADM's former Chief Financial Officer, Vikram Luthar, over his alleged...
00:30...role in fraudulent accounting adjustments and filed settled charges against two other former executives...
00:35...a DM said it has taken actions to strengthen internal controls.
00:40Shares were near unchanged in after-hours trading on Tuesday.
00:43For all things money, visit Benzinga.com.
00:45Benzinga.com.
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