May 13, 2022
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.
April 15, 2022
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.
March 19, 2020
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.
March 09, 2020
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.
November 19, 2019
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.
October 24, 2019
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.
August 19, 2019
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.
August 16, 2019
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.
November 05, 2018
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.
September 17, 2018
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.