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Kraft Heinz must face Mac & Cheese lawsuit, judge rules [Yahoo! Finance]

The Kraft Heinz Company (KHC)  More Company Research Source: Yahoo! Finance
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives. In a decision on 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 that differed from the natural variety, and also contained 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 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 s [Read more]

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Kraft Heinz must face Mac & Cheese lawsuit, judge rules [Yahoo! Finance]

The Kraft Heinz Company  (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives. In a decision on 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 that differed from the natural variety, and also contained 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 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 s [Read more]

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KHC
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Price Change %
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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%

VOLUME (SHARES)
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AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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