Customers who bought a Clif bar could get share of $12m settlement in compensation [Yahoo! Finance]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
The lawsuit, Ralph Milan et al. v. Clif Bar & Co. , claimed that the nutritional labels on the protein bars misled consumers by failing to disclose the products contained high levels of added sugar. Clif Bars, for example, were promoted with the slogan “Nutrition for Sustained Energy,” while Clif Kid ZBars boasted phrases like “No High Fructose Corn Syrup” and “Nourishing Kids in Motion.” The packaging went on to highlight that these bars were crafted as “wholesome, delicious snacks made with organic ingredients” to fuel active kids. It even claimed that the “blend of carbs, fiber, protein, and fat” provided sustained energy to keep children “zipping and zooming.” However, despite these wholesome claims, the lawsuit revealed that as much as 37 percent of the calories in these bars actually came from added sugar—a stark contrast to the healthy image these bars were promoting. Clif Bar & Co. has agreed to a $12m settlement in response to the case. Representatives for Clif Bar and
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MDLZ
News
- Mondelez International, Inc. (NASDAQ: MDLZ) had its price target raised by analysts at Mizuho from $64.00 to $70.00. They now have an "outperform" rating on the stock.MarketBeat
- Cocoa Beans Market to Grow by USD 3.58 Billion from 2025-2029, Driven by Rising Popularity of Chocolate-Flavored Beverages, Report on AI's Impact on Market Trends - Technavio [Yahoo! Finance]Yahoo! Finance
- Mondelez International Declares Regular Quarterly Dividend of $0.47 per share [Yahoo! Finance]Yahoo! Finance
- Mondelez International Declares Regular Quarterly Dividend of $0.47 per shareGlobeNewswire
- Mondelez International State of Snacking Survey: Global Consumers See Snacking as a Way to Connect and Share with Loved Ones [Yahoo! Finance]Yahoo! Finance
MDLZ
Earnings
- 2/4/25 - Miss
MDLZ
Sec Filings
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- 2/14/25 - Form 4
- MDLZ's page on the SEC website