KHC.US
id: 588, Created by Stan Vick, Scout
Kraft Heinz $62.3M Fair Fund Securities Settlement
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
Claim payout
26 Feb 2016
Class period Start21 Feb 2019
Class period End21 Jun 2023
Claim deadlineKraft Heinz ($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