financetom
Business
financetom
/
Business
/
Wheat Thins purchasers settle with Mondelez over labeling
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wheat Thins purchasers settle with Mondelez over labeling
Feb 19, 2025 8:13 AM

(Reuters) - Wheat Thins purchasers reached a $10 million settlement of a lawsuit accusing Mondelez International ( MDLZ ) of deceptively labeling the crackers as "100% Whole Grain" though they contained corn starch, a refined grain.

A preliminary settlement of the nationwide class action was filed late Tuesday night in San Francisco federal court, and requires a judge's approval.

Purchasers with valid claims would receive refunds of $4.50 to $20.00, depending on whether they kept receipts and how many Wheat Thins boxes they bought.

Mondelez ( MDLZ ) also agreed not to use "100% Whole Grain" on Wheat Thins packaging without qualifying that language.

According to the October 2022 complaint, whole grains are healthier than refined grains, and Wheat Thins purchasers would not have bought or would have paid less for the crackers had they known Mondelez's ( MDLZ ) labels were false.

The settlement covers U.S. purchasers since Oct. 13, 2018 of Original, Reduced Fat, Sundried Tomato & Basil, Big, Ranch, Hint of Salt, Cracked Pepper & Olive Oil, and Spicy Sweet Chili Wheat Thins with "100% Whole Grain" on the label.

Leftover money would go to UCLA's Resnick Center for Food Law and Policy and to Feeding America, a hunger relief nonprofit.

The purchasers' lawyers may seek up to $3.33 million from the settlement fund for fees.

Mondelez ( MDLZ ) denied wrongdoing in agreeing to settle. The Chicago-based company did not immediately respond on Wednesday to requests for comment.

The case is Wallenstein v Mondelez International Inc ( MDLZ ) et al, U.S. District Court, Northern District of California, No. 22-06033.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pure Storage Insider Sold Shares Worth $312,110, According to a Recent SEC Filing
Pure Storage Insider Sold Shares Worth $312,110, According to a Recent SEC Filing
Jun 11, 2024
04:16 PM EDT, 06/11/2024 (MT Newswires) -- Mallun Yen, Director, on June 07, 2024, sold 4,818 shares in Pure Storage ( PSTG ) for $312,110. Following the Form 4 filing with the SEC, Yen has control over a total of 35,498 shares of the company, with 35,498 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1474432/000162828024027670/xslF345X03/wk-form4_1718136709.xml ...
Insulet Insider Sold Shares Worth $405,806, According to a Recent SEC Filing
Insulet Insider Sold Shares Worth $405,806, According to a Recent SEC Filing
Jun 11, 2024
04:17 PM EDT, 06/11/2024 (MT Newswires) -- Mark N Field, Senior Vice President & Chief Technology Officer, on June 10, 2024, sold 2,131 shares in Insulet ( PODD ) for $405,806. Following the Form 4 filing with the SEC, Field has control over a total of 14,375 shares of the company, with 14,375 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1145197/000112760224018358/xslF345X03/form4.xml ...
Nxp Semiconductors Insider Sold Shares Worth $2,357,111, According to a Recent SEC Filing
Nxp Semiconductors Insider Sold Shares Worth $2,357,111, According to a Recent SEC Filing
Jun 11, 2024
04:22 PM EDT, 06/11/2024 (MT Newswires) -- Kurt Sievers, Director, CEO & President, on June 10, 2024, sold 8,548 shares in Nxp Semiconductors ( NXPI ) for $2,357,111. Following the Form 4 filing with the SEC, Sievers has control over a total of 177,889 shares of the company, with 177,889 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1413447/000141344724000068/xslF345X03/wk-form4_1718137116.xml ...
Xylem Insider Sold Shares Worth $315,799, According to a Recent SEC Filing
Xylem Insider Sold Shares Worth $315,799, According to a Recent SEC Filing
Jun 11, 2024
04:23 PM EDT, 06/11/2024 (MT Newswires) -- Geri-Michelle McShane, Vice President, Controller & Chief Accounting Officer, on June 10, 2024, sold 2,278 shares in Xylem (XYL) for $315,799. Following the Form 4 filing with the SEC, McShane has control over a total of 3,536 shares of the company, with 3,536 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1524472/000156218024004944/xslF345X03/primarydocument.xml Price: 138.52, Change: -0.05,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved