A lawsuit was filed on behalf of investors in The Kraft Heinz Company (NASDAQ: KHC) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 03/05/2019 -- An investor, who purchased shares of The Kraft Heinz Company (NASDAQ: KHC), filed a lawsuit over alleged violations of Federal Securities Laws by The Kraft Heinz Company.
Investors who purchased shares of The Kraft Heinz Company (NASDAQ: KHC) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff claims that between May 4, 2017 and February 21, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Kraft Heinz Company's internal controls, specifically with respect to its procurement area, were inadequate, that Kraft Heinz Company would be forced to write down a significant amount of goodwill and certain intangible assets in its Kraft natural cheese business, its Oscar Mayer cold cuts business, and its Canada retail business due to supply chain issues, that Kraft Heinz Company failed to advise investors of the foregoing issues, and that as a result, Kraft's public statements were materially false and misleading at all relevant times.
Those who purchased shares of The Kraft Heinz Company (NASDAQ: KHC) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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