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US Commodity Futures Trading Commission v. Kraft Foods Group, Inc. et al

  1. May 13, 2022

    Judge Reinstates CFTC Deal, $16M Fine With Kraft, Mondelez

    Several years after it was torpedoed over an apparent press release gaffe, an Illinois federal judge finalized a settlement Friday that the U.S. Commodity Futures Trading Commission reached with Kraft Foods and Mondelez Global over alleged wheat price manipulation, which includes the reinstatement of a $16 million fine against Mondelez.

  2. April 15, 2022

    CFTC 'Struck Foul Blows' In Suit Against Kraft, Judge Says

    An Illinois federal judge Friday reprimanded the U.S. Commodity Futures Trading Commission for violating a $16 million wheat price manipulation settlement with Kraft Foods Group Inc. and Mondelez Global LLC, saying the agency "struck foul blows" with its public statements about the deal.

  3. March 19, 2020

    Kraft, Mondelez Say CFTC Ducking Contempt Order Too Soon

    The U.S. Commodity Futures Trading Commission is asking too soon that an Illinois federal judge vacate a February contempt order he entered over how it announced a since-vacated $16 million enforcement action settlement, Kraft Foods and a former subsidiary said Thursday.

  4. March 09, 2020

    Kraft Pulls Bid To Sanction CFTC Over Press Release Feud

    Kraft Foods Group Inc. told an Illinois federal judge it is no longer seeking sanctions against the U.S. Commodity Futures Trading Commission for putting out a press release that allegedly violated the terms of a $16 million enforcement action settlement.

  5. November 19, 2019

    Kraft Says CFTC Can't Skirt Law In Deal Announcement Feud

    Kraft Foods Group Inc. is digging in its heels as it fights to sanction the U.S. Commodity Futures Trading Commission over its announcement of a $16 million settlement, saying Monday the agency must be held responsible for violating a court order.

  6. October 24, 2019

    $16M Kraft Deal Axed After CFTC Press Release Debacle

    An Illinois federal judge has axed a $16 million settlement between the U.S. Commodity Futures Trading Commission and Kraft Foods Group Inc. following accusations that the regulator's announcement of the deal violated its terms.

  7. August 19, 2019

    CFTC Fights Kraft's Sanctions Bid Over $16M Wheat Suit Deal

    Any problem Kraft Group Foods Inc. has with the U.S. Commodity Futures Trading Commission's announcement of a $16 million settlement of a wheat price manipulation suit should be taken up with the company's own lawyers, the agency told an Illinois federal court over the weekend.

  8. August 16, 2019

    Kraft Says CFTC Press Release Broke $16M Wheat Suit Deal

    Kraft Foods Group Inc. and Mondelez Global LLC urged an Illinois federal judge Friday to impose sanctions against the U.S. Commodity Futures Trading Commission, arguing that the agency violated their $16 million deal in a wheat price manipulation suit by making public statements about the deal.

  9. November 05, 2018

    Kraft Fights CFTC's Quick Win Bid In Wheat Futures Case

    Kraft Foods Group Inc. on Friday urged an Illinois federal judge not to hand regulators a quick win on claims that it broke wheat futures rules, saying it was told it had an exemption from the Chicago Mercantile Exchange.

  10. September 17, 2018

    CFTC Seeks Quick Win For 2 Claims In Kraft Wheat Case

    The U.S. Commodity Futures Trading Commission on Friday asked an Illinois federal court for a quick win on two claims in its suit against Kraft Foods Group Inc. alleging that the food conglomerate manipulated the price of wheat commodities and futures.

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