Lynch Thompson Llp Profile | Cook County Record

Lynch Thompson Llp

150 N. WACKER DR., STE 1850

Judge voids $16M deal between Kraft, feds; If CFTC officials can't be bound by deal, there is no deal, judge says

By Scott Holland | Friday, Oct 25, 2019 @ 9:54pm

A federal judge has trashed a $16 million settlement deal the U .S. Commodity Futures Trading Commission reached with Kraft Foods, because commissioners’ public statements said too much about what Kraft believed was a confidential settlement.
Kraft Foods: Feds breached $16M deal by ‘touting’ victory in wheat price manipulation action

By Dan Churney | Monday, Aug 19, 2019 @ 4:41pm

Kraft Foods alleges federal trade regulators quickly spoiled a settlement agreement in which Kraft agreed to pay $16 million to end a suit alleging it had manipulated wheat prices, by braying to the public about their purported triumph over Kraft in the case.