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Customers who bought a Clif bar could get share of $12m settlement in compensation [Yahoo! Finance]
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: mondelezinternational.com/investors
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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NEWS
NEWS
- Mondelez International Reports Q3 2024 Results[GlobeNewswire]
- Mondelez Q3 2024 Earnings Preview Oct. 28, 2024 5:35 PM ET By: Pranav Ghumatkar , SA News Editor [Seeking Alpha][Seeking Alpha]
- Sprouts Farmers to Post Q3 Earnings: Is Comps Growth in the Cards? [Yahoo! Finance][Yahoo! Finance]
- Mondelez International, Inc.'s (NASDAQ:MDLZ) Intrinsic Value Is Potentially 92% Above Its Share Price [Yahoo! Finance][Yahoo! Finance]
- Mondelez International, Inc. (NASDAQ: MDLZ) had its price target raised by analysts at Stifel Nicolaus from $75.00 to $82.00. They now have a "buy" rating on the stock.[MarketBeat]
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MDLZ
SEC Filings
SEC Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 9/11/24 - Form 4
- MDLZ's page on the SEC website
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