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ADM Settles SEC Charges for $40 Million Over Inflation

1/28/2026

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Summary

Story summary

Archer-Daniels-Midland Company (ADM) agreed to pay a $40 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it inflated Nutrition unit performance.
The company did not admit wrongdoing.
Former executives Vince Macciocchi and Ray Young will pay over $500,000 each.
The SEC filed a lawsuit against former Chief Financial Officer Vikram Luthar for manipulating results.
ADM has implemented new internal controls and reported findings to the SEC.

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Story summary

Archer-Daniels-Midland Company (ADM) agreed to pay a $40 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it inflated Nutrition unit performance.
The company did not admit wrongdoing.
Former executives Vince Macciocchi and Ray Young will pay over $500,000 each.
The SEC filed a lawsuit against former Chief Financial Officer Vikram Luthar for manipulating results.
ADM has implemented new internal controls and reported findings to the SEC.