Lynch Thompson Llp
Recent News About Lynch Thompson Llp
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Judge voids $16M deal between Kraft, feds; If CFTC officials can't be bound by deal, there is no deal, judge says
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
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.