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April 10, 2020
In Re: Kraft Heinz Shareholder Derivative Litigation
Case Number:
1:20-cv-02259
Court:
Nature of Suit:
160(Contract: Stockholders Suits)
Judge:
Firms
Companies
Sectors & Industries:
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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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March 31, 2023
Kraft Heinz Escapes Consolidated Derivative Investor Suit
An Illinois federal judge on Friday tossed a derivative suit brought by investors of Kraft Heinz that claim the company's board of directors overstated its financial health to cover up damaging accounting practices, ruling that the investors did not adequately plead that it would have been futile to make a pre-suit demand on the board, among other things.
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