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Kraft Heinz is based in Chicago and Pittsburgh. Berkshire Hathaway owns 26.9% of its stock. The case is Hayes et al v. Kraft Heinz Co, U.S. District Court, Northern District of Illinois, No. 23-16596.
A Florida woman has sued the Kraft Heinz Company for at least $5 million over what she claims is deceptive and fraudulent packaging, saying Velveeta mac and cheese takes longer to microwave than ...
The settlement includes those who received erroneous overdraft fees in their checking accounts, misapplied payments in their auto loans and even negligent foreclosure proceedings.
TC Heartland LLC v. Kraft Foods Group Brands LLC, 581 U.S. ___ (2017), was a United States Supreme Court case concerning the venue in patent infringement lawsuits. [1]While a 1957 Supreme Court ruling had determined that patent infringement cases were to be tried in the state within which the defendant was incorporated, subsequent changes to Judiciary and Judicial Procedure implemented by ...
In the first off-label promotion case ever litigated in a whistleblower suit under the False Claims Act, the settlement was announced after eight years of litigation in May 2004. Warner-Lambert agreed to pay $430 million to resolve all civil and criminal liability, with $24.64 million going to Franklin for his participation in the lawsuit. [2]
Coupon settlements may be audited by an independent expert before judicial approval to ensure that the settlement will be of value to the class members (28 U.S.C.A. 1712(d)). In the United States, federal courts must hold a hearing and make specific findings that the coupon settlement is fair, reasonable, and adequate and that the class members ...
At the time this settlement was announced in 2014, it was the largest federal settlement with a single company in U.S. history. Bank of America agreed to pay more than $16 billion to resolve ...
In September 2021, Kraft Heinz was fined $62m to settle the U.S. Securities and Exchange Commission probe into an improper claim of $200m in cost savings. [ 62 ] [ 63 ] The $200 million in "bogus cost savings" (reportedly from merger) forced the company to restate its financial results for the years 2015 through 2018.