In Re: Kraft Heinz Shareholder Derivative Litigation

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION IN RE KRAFT HEINZ SHAREHOLDER ) No. 20 C 2259 DERIVATIVE LITIGATION ) ) Judge Jorge L. Alonso ) MEMORANDUM OPINION AND ORDER In these consolidated shareholder derivative actions, plaintiffs accuse numerous directors and officers of The Kraft Heinz Company (“Kraft Heinz” or “the company”), of making and causing the company to make misleading statements about the company’s performance amid imprudently aggressive cost-cutting efforts. According to plaintiffs, these misleading statements allowed some…