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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against The Kraft Heinz Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

February 25, 2019

LOS ANGELES--(BUSINESS WIRE)--Feb 25, 2019--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Kraft Heinz Company (“Kraft Heinz” or “the Company”) (NASDAQ: KHC ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Kraft Heinz announced on February 21, 2019, that it received a subpoena from the SEC in October 2018 concerning an investigation into the Company’s “procurement area, more specifically the Company’s accounting policies, procedures, and internal controls related to its procurement function.” Based on this information, shares of Kraft Heinz fell almost 27.5% on February 22, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at  www.schallfirm.com, or by email at  brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190225005966/en/

CONTACT: The Schall Law Firm

Brian Schall, Esq.

Sherin Mahdavian, Esq.

310-301-3335

Cell: 424-303-1964

info@schallfirm.com

www.schallfirm.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: The Schall Law Firm

Copyright Business Wire 2019.

PUB: 02/25/2019 03:03 PM/DISC: 02/25/2019 03:02 PM

http://www.businesswire.com/news/home/20190225005966/en