Public Employees' Retirement System of Mississippi v. Treehouse Foods, Inc. et al

  1. November 19, 2021

    ​​​​​​​Attys Reap $7M From Deal Over Conagra Unit Purchase

    An Illinois federal judge has granted more than $7 million in fees and costs to counsel who signed a $27 million securities fraud settlement over TreeHouse Foods Inc.'s $2.7 billion purchase of a Conagra Foods unit, two days after he gave the deal his final blessing.

  2. November 16, 2021

    Investors Get Final OK For $27M Deal Over Conagra Unit Buy

    An Illinois federal judge gave a final signoff Tuesday to a $27 million deal ending litigation over investors' claims that food manufacturer TreeHouse Foods Inc. overstated its success after buying a Conagra unit for $2.7 billion, wrongly inflating TreeHouse's stock price.

  3. July 27, 2021

    Investors Settle For $27M In Fight Over ConAgra Unit Buy

    An Illinois federal judge on Tuesday granted initial approval to a $27 million settlement resolving investors' claims that private foods manufacturer TreeHouse Foods Inc. overstated its success after buying a $2.7 billion ConAgra Foods Inc. business and inflated its stock price.

  4. February 27, 2020

    Pension Fund Made Class Rep Despite Being 'Cozy' With Attys

    A pension fund's "cozy" relationship with its attorneys won't keep the institutional investor from being a good class representative in a proposed securities class action against Treehouse Foods, an Illinois federal judge said Wednesday.

  5. April 04, 2019

    TreeHouse Says Lead Investor 'Inadequate' As Class Rep

    A Mississippi-based retirement fund is an "inadequate and atypical lead plaintiff" to represent a proposed class of investors claiming TreeHouse Foods misled them in a risky multibillion-dollar acquisition that backfired financially, the company argued.

  6. February 12, 2018

    TreeHouse Foods Can't Ditch Investors' Suit Over $3.5B Buys

    An Illinois federal judge Monday rejected TreeHouse Foods' bid to toss a putative class action claiming it deceptively touted acquisitions of a $2.7 billion ConAgra Foods business and another food maker as successful, saying the suit adequately alleges the manufacturer knowingly made false or misleading statements to investors.

  7. June 27, 2017

    TreeHouse Foods Investors Fight To Keep Suit Over $2.7B Buy

    Investors urged an Illinois federal court on Monday to deny TreeHouse Foods Inc.'s bid to toss their suit accusing it of overstating its success after buying a $2.7 billion ConAgra Foods Inc. business, arguing that TreeHouse's allegedly false and misleading statements in 2016 inflated its stock price.

  8. November 17, 2016

    Investors Claim Packaged Food Maker Misled After $3B Buy

    Investors hit TreeHouse Foods Inc. with a class action suit in Illinois federal court Wednesday, accusing the food product manufacturer of overstating its success after purchasing a portion of ConAgra Foods Inc.'s business, falsely inflating stock prices.

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