October 01, 2026
Kraft Foods has convinced a Chicago federal judge to decertify two classes of investors and toss most of their decade-old claims accusing the food conglomerate and its snack food spinoff of manipulating wheat market commodities, but a jury will have to decide if it ran afoul of antitrust law.
July 15, 2020
Kraft Foods is asking an Illinois federal judge not to allow its name to be used in the URL of the website for the certified class action accusing it and its snack food spinoff of manipulating the wheat market.
February 24, 2020
The Seventh Circuit will not consider a bid by Kraft Foods and snack food spinoff Mondelez Global LLC to decertify a class of investors in a wheat market manipulation suit playing out in Illinois federal court.
January 22, 2020
Kraft Foods has asked the Seventh Circuit to allow it to immediately appeal certification of a class of investors in a wheat market manipulation suit that it says is overly broad and caused the company's potential exposure in the case to skyrocket.
January 03, 2020
An Illinois federal judge on Friday certified a class of investors accusing Kraft Foods Group Inc. of manipulating the wheat commodities market, rejecting the snack food giant's arguments that the investors' claims and damages are too individualized to be resolved on a class-wide basis.
February 11, 2019
Kraft Food Groups Inc. has asked an Illinois federal court to reject an investor's bid for class status in a suit accusing the food giant of manipulating the wheat commodities market, saying the proposed group is overly broad.
October 02, 2018
A group of investors asked an Illinois federal judge Monday to certify a class in their suit alleging that Kraft Foods Inc. and a snack-food spinoff hurt commodity traders by manipulating wheat prices in 2011.
July 17, 2018
The Illinois federal judge handling a proposed investor class action accusing Kraft Foods Group Inc. of manipulating the wheat futures market ordered the company Tuesday to produce expert reports exchanged in the U.S. Commodity Futures Trading Commission's similar case against it, rejecting Kraft's claim the production would be unfairly harmful.
July 16, 2018
A proposed class of traders suing Kraft over its alleged manipulation of the wheat futures market shouldn't get expert reports from a parallel U.S. Commodity Futures Trading Commission suit, the food giant told an Illinois federal judge Monday, arguing the material would give them an unfair advantage.
December 06, 2016
Kraft Foods Group Inc. on Monday asked an Illinois federal court to require traders in a securities suit to turn over factual information related to their allegations that Kraft manipulated the price of wheat commodities and futures in 2011, saying those facts are essential to crafting a defense.