Kraft Heinz must face Mac & Cheese lawsuit, judge rules [CNN]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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Source: CNN
In a decision Wednesday, U.S. District Judge Mary Rowland said the Illinois, California and New York consumers leading the lawsuit plausibly alleged that Kraft Mac & Cheese contained a synthetic form of citric acid, differing from the natural variety, and also sodium phosphates. The Chicago-based judge said the plaintiffs specifically alleged that the ingredients functioned as preservatives, making Kraft Heinz's claim of “No Artificial Flavors, Preservatives or Dyes” on labels false and cited academic studies and U.S. Food and Drug Administration guidance to support their case. “These allegations are enough to withstand a motion to dismiss,” she wrote. Rowland agreed with Kraft Heinz ( KHC ) that the plaintiffs lacked standing to demand new labels because they are now aware of its alleged deceptive practices and face no risk of future harm. In seeking a dismissal, Kraft Heinz said there were no factual allegations that it used artificial preservatives in its “iconic” Mac & Ch
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News
- Kraft Heinz must face Mac & Cheese lawsuit, judge rules [CNN]CNN
- Kraft Heinz must face Mac & Cheese lawsuit, judge rules [Yahoo! Finance Canada]Yahoo! Finance Canada
- Kraft Heinz must face Mac & Cheese lawsuit, judge rules [Yahoo! Finance]Yahoo! Finance
- Significant Shifts in Prem Watsa's Portfolio Highlighted by Vanguard S&P 500 ETF Sale [Yahoo! Finance]Yahoo! Finance
- Kraft Heinz removes Lunchables from National School Lunch Program [FOX Business Network]FOX Business Network
KHC
Earnings
- 10/30/24 - Beat
KHC
Sec Filings
- 11/7/24 - Form 4
- 11/5/24 - Form 144
- 11/1/24 - Form 3
- KHC's page on the SEC website