Defendant Name: Archer-Daniels-Midland Company

Defendant Type: Public Company
SIC Code: 2046
CUSIP: 03948310

Document Reference: 33-11403

Document Details

Legal Case Name In the Matter of Archer-Daniels-Midland Company, Vince Macciocchi, and Ray Young
Document Name Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing a Cease and Desist Order
Document Date 27-Jan-2026
Document Format Administrative Proceeding
File Number 3-22588
AAER 4582
Allegation Type Issuer Reporting and Disclosure
Document Summary On January 27, 2026, the SEC instituted cease-and-desist proceedings against Archer-Daniels-Midland Company, Vince Macciocchi, and Ray Young, stating: "This matter concerns accounting and disclosure fraud at Archer-Daniels-Midland Company that materially inflated the performance of a key business segment, "Nutrition," which the company touted to investors as an important driver of the company's overall growth."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Undertaking to Cooperate in Related Action
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Fair Funds
Monetary Penalties:

Civil Penalty

Individual:     $40,000,000.00 Shared:    

Related Documents:

33-11403-s 27-Jan-2026 Administrative Summary
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing a Cease and Desist Order
On January 27, 2026, the SEC "announced settled charges against Archer-Daniels-Midland Company (“ADM”) and former executives Vince Macciocchi and Ray Young for engaging in accounting and disclosure fraud that materially inflated the performance of a key ADM business segment, Nutrition, which ADM touted to investors as an important driver of the company’s overall growth."
2026-15 27-Jan-2026 Press Release--Administrative Proceeding
SEC Charges ADM and Three Former Executives with Accounting and Disclosure Fraud; ADM credited for cooperation and significant remediation
On January 27, 2026, the SEC stated that: "[It] filed settled charges against Archer-Daniels-Midland Company (ADM) and its former executives, Vince Macciocchi and Ray Young, and a litigated action against its former executive Vikram Luthar, for materially inflating the performance of a key ADM business segment, Nutrition, which ADM touted to investors as an important driver of the company’s overall growth."

Other Defendants in Action:

Related Actions:

SEC v. Vikram Luthar