04-15-2019 06:44 PM CET - Business, Economy, Finances, Banking & Insurance
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Deadline upcoming on April 25th in Lawsuit for Investors in shares of The Kraft Heinz Company (NASDAQ: KHC)

Press release from: Shareholders Foundation
A Deadline is coming up on April 25, 2019 in the lawsuit for investors in The Kraft Heinz Company (NASDAQ: KHC).
A Deadline is coming up on April 25, 2019 in the lawsuit for investors in The Kraft Heinz Company (NASDAQ: KHC).


The Shareholders Foundation announces that a deadline is coming up on April 25, 2019 in the lawsuit filed for certain investors of The Kraft Heinz Company (NASDAQ: KHC) over alleged securities laws violations by The Kraft Heinz Company.

Investors who purchased shares of The Kraft Heinz Company (NASDAQ: KHC) have certain options and there are strict and short deadlines running. Deadline: April 25, 2019. NASDAQ: KHC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges on behalf of purchasers of The Kraft Heinz Company (NASDAQ: KHC) common shares between May 4, 2017 and February 21, 2019, that the defendants violated Federal Securities Laws. More specifically, 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.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

This release was published on openPR.
News-ID: 1703817 • Views: 243
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