The Kraft Heinz Company
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Recent News About The Kraft Heinz Company
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Too early to say whether product packaging omitted key information, the judge ruled, so the lawsuit will continue, at least in part
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The U.S. Commodity Futures Trading Commission violated a confidentiality provision in its settlement with Kraft and Mondelez to end a regulatory action over alleged wheat market manipulation, to score political PR points. The agency says its commissioners aren't bound by any such deals
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The appeals judges said a federal district judge was wrong to dismiss dozens of lawsuits against the sellers of shelf-stable Parmesan cheese simply because the ingredients on the label explicitly included the cellulose many sellers included as a filler and anti-caking agent.
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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.
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A federal appeals panel has blocked a federal judge from forcing officials with the U.S. Commodity Futures Trading Commission from testifying or facing potential contempt charges amid an inquiry over whether press releases about a deal between the federal agency and Kraft Foods violated a gag order.
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A federal judge agreed to dismiss a class action accusing Kraft of falsely advertising that its Capri Sun drinks were free of artificial preservatives.
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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.
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KraftHeinz has been hit with a class action brought by a group of investors who accuse the company of allowing one of its leading investors to engage in insider trading, using information not available to other investors to avoid billions of dollars in losses to the value of the company’s stock.
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A federal judge in Chicago has shredded, for now, a block of class action lawsuits that piled up last year against Kraft, Walmart, Target, the parent company of Jewel Food Stores and others over the contents of their grated Parmesan cheese, saying he did not believe the plaintiffs could prevail in asserting the containers of “100 percent” cheese were deceptively marketed.
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Class action lawsuits against Kraft Heinz and Walmart have begun to accumulate in the aftermath of a February news investigation turned up evidence of wood-based fillers in the companies’ grated Parmesan cheese products.
