Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against The Kraft Heinz Company

Federman & Sherwood announces that on February 24, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against The Kraft Heinz Company (NASDAQ: KHC).

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, March 4, 2019
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Tags: 
Professional services, Legal, Food and drink, Companies, Food industry, Northfield, Illinois, H. J. Heinz Company, Civil law, Class action, Kraft Heinz, Kraft Foods, Plaintiff
Geotags: 
United States, OKLAHOMA
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Summary
Key Points: 
  • Federman & Sherwood announces that on February 24, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against The Kraft Heinz Company (NASDAQ: KHC).
  • Plaintiff seeks to recover damages on behalf of all The Kraft Heinz Company shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above.
  • You may move the Court no later than Thursday, April 25, 2019 to serve as a lead plaintiff for the entire Class.
  • However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.


Federman & Sherwood announces that on February 24, 2019, a class action
lawsuit was filed in the United States District Court for the Northern
District of Illinois against The Kraft Heinz Company (NASDAQ: KHC). The
complaint alleges violations of federal securities laws, Sections 10(b)
and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5,
including allegations of issuing a series of material or false
misrepresentations to the market which had the effect of artificially
inflating the market price during the Class Period, which is May 4, 2017
through February 21, 2019.

Plaintiff seeks to recover damages on behalf of all The Kraft Heinz
Company shareholders who purchased common stock during the Class Period
and are therefore a member of the Class as described above. You may move
the Court no later than Thursday, April 25, 2019 to serve as a lead
plaintiff for the entire Class. However, in order to do so, you must
meet certain legal requirements pursuant to the Private Securities
Litigation Reform Act of 1995.

If you wish to discuss this action, obtain further information and
participate in this or any other securities litigation, or should you
have any questions or concerns regarding this notice or preservation of
your rights, please contact:

Robin Hester
FEDERMAN & SHERWOOD
10205 North Pennsylvania
Avenue
Oklahoma City, OK 73120
Email to: [email protected]
Or,
visit the firm’s website at www.federmanlaw.com

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