Kraft Investors Get Class Cert. In Wheat Market Rigging Suit

Law360 (January 3, 2020, 8:51 PM EST) -- 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.

In a 29-page order, U.S. District Judge Edmond E. Chang rejected Kraft's arguments and criticized the company for failing to engage in the facts of this particular case "in any meaningful way." The judge reasoned that if the investors' theories of liability and damages are as flawed as Kraft claims, then they will be flawed across the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!