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WALLING v. KRAFT HEINZ COMPANY et al

  1. April 26, 2019

    8 Firms Vie For Lead In $16B Kraft Heinz Stock-Drop Suit

    Several law firms jockeyed for the position of lead counsel and for their respective clients to be named lead plaintiff in a putative class action in Pennsylvania federal court accusing Kraft Heinz Co. of securities fraud following a $16 billion stock drop.

  2. February 27, 2019

    Kraft Heinz Hid SEC Probe In $16B Stock-Drop, Investor Says

    Kraft Heinz's misleading statements to shareholders regarding an impairment charge and a U.S. Securities and Exchange Commission investigation into the company caused a $16 billion drop in share price, an investor said Monday in a proposed class action.