ADM to pay $40 million in US SEC settlement, avoids criminal charges

By Karl Plume and Chris Prentice WASHINGTON, Jan 27 (Reuters) - Grain trader Archer-Daniels-Midland Company will pay a $40 million civil penalty after the U.S. Securities and Exchange Commission charged it and two ​of its former executives with inflating the performance of a key business segment, the regulator ‌said on Tuesday. With the agreement, the U.S. Department of Justice closed a related criminal probe without bringing charges. The resolution concludes years-long government ‌investigations into ...