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KHC.US
id: 588, Created by Stan Vick, Scout

Kraft Heinz $62.3M Fair Fund Securities Settlement

How it works?
  1. Company agreed to pay compensation to its investors, to avoid further litigation
  2. We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
Claim payout
26 Feb 2016
Class period Start
21 Feb 2019
Class period End
21 Jun 2023
Claim deadline
Kraft Heinz ($KHC) and the SEC have agreed to a $62.3 million settlement through the Fair Fund for allegations of accounting misconduct, specifically the improper reduction of COGS leading to inflated EBITDA.

For questions please contact George Scott - [email protected]
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
SEC
Administrator
RCB Fund Services
+$62,314,211
Total Settlement Amount
Created by Stan Vick, Scout

Kraft Heinz Co

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. Its products incl...

    Ticker
    KHC.US
    ISIN
    US5007541064
    CIK
    1637459
    Sector
    Consumer Defensive
    Industry
    Packaged Foods
    Country
    USA
    Address
    One PPG Place, Pittsburgh, PA, United States, 15222