The SEC emphasized ADM’s cooperation in resolving the matter.
SEA 1934 Rule 12b-20
The company failed to properly inform investors about regulatory challenges it was experiencing with the FDA.
Two former executives were fined, but the company itself will not receive a civil penalty due to its self-reporting.
The four settlements come nearly one year after the SEC sued SolarWinds for misleading investors about its cybersecurity controls.
In this week’s roundup, we see a mix of charges, including disclosure failings within a donor data management software company.