Kraft Heinz

Practice Area: 
Stock Symbol: 
KHC
Case Status: 
Investigations

Ademi & O’Reilly, LLP announces an investigation of Kraft Heinz (Nasdaq: KHC) for possible violations of securities laws.

The investigation focuses on whether Kraft Heinz violated securities laws by failing to tell investors that its “accounting policies, procedures, and internal controls related to its procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to its agreements with its vendors” were deficient and inadequate.  In addition, the investigation focuses on whether Kraft Heinz correctly accounted for the goodwill associated with U.S. Refrigerated and Canada Retail, and certain intangible assets, primarily the Kraft and Oscar Mayer trademarks.