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West Palm Beach Firefighters' Pension Fund v. Conagra Brands, Inc. et al
Case Number:
1:19-cv-01323
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Bank of America Corp.
- Barclays PLC
- BNP Paribas SA
- BTIG LLC
- Conagra Brands Inc.
- HSBC Holdings PLC
- JPMorgan Chase & Co.
- Mitsubishi UFJ Financial Group Inc.
- Mizuho Securities Co. Ltd.
- RBC Capital Markets
- Scotiabank Global Banking and Markets
- The Goldman Sachs Group Inc.
- Wells Fargo & Co.
Sectors & Industries:
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October 16, 2020
Conagra Escapes Shareholder Suit Over $11B Pinnacle Deal
An Illinois federal judge on Thursday tossed a putative class action alleging packaged food company Conagra Brands Inc. misled shareholders about Pinnacle Foods' financial state at the time Conagra bought the competing food company for nearly $11 billion.
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November 05, 2019
Conagra Can't Escape Stock-Drop Suit, Shareholders Say
Conagra shareholders have told an Illinois federal court that the company can't end a stock-drop suit over its $10.9 billion acquisition of Pinnacle Foods Inc., because internal records show the food giant knew Pinnacle was suffering from "lackluster innovation" that hurt sales before acquiring it.