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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

Kraft Heinz The $450 million settlement against Kraft Heinz arises out of the tumultuous merger in 2015 that created the company. A week after a New York Times article exposed some of the practices in July 2017, the company admitted in a SEC filing that it had been aware of the problems previously. billion in cost savings.

Banking 59
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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

Lucia Companies, Inc. In Lee Enterprises , a beneficial owner of the company sought to nominate several directors as part of a takeover attempt, but it failed to comply with unambiguous advance notice bylaws requiring it to become a record holder and submit the company’s nominee questionnaire forms before the nomination deadline.