• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Lawsuit accuses major food companies of marketing ‘addictive’ food to kids

by December 11, 2024
written by December 11, 2024

By Brendan Pierson

(Reuters) -Major food companies, including Kraft Heinz (NASDAQ:KHC), Mondelez (NASDAQ:MDLZ) and Coca-Cola (NYSE:KO), were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease.

The lawsuit was filed in the Philadelphia Court of Common Pleas by Bryce Martinez, a Pennsylvania resident who alleges he developed type 2 diabetes and non-alcoholic fatty liver disease, diagnosed at age 16, as a result of consuming the companies’ products.

His lawyers at the firm Morgan & Morgan, a major U.S. plaintiffs’ firm, described the case as the first of its kind.

The other companies being sued are Post Holdings (NYSE:POST), PepsiCo (NASDAQ:PEP), General Mills (NYSE:GIS), Nestle (NS:NEST)’s U.S. arm, WK Kellogg (NYSE:K), Mars, Kellanova and Conagra.

“There is currently no agreed upon scientific definition of ultra-processed foods,” Sarah Gallo, senior vice president of product policy for the Consumer Brands Association, an industry group representing food and beverage makers, said in a statement.

“Attempting to classify foods as unhealthy simply because they are processed, or demonizing food by ignoring its full nutrient content, misleads consumers and exacerbates health disparities.”

Evidence has grown in recent years that highly processed foods are linked to a wide range of chronic health problems. Food described by researchers as “ultra-processed” includes many packaged snack foods, sweets and soft drinks made with substances extracted from whole foods or synthesized artificially.

Current U.S. Food and Drug Administration Commissioner Robert Califf has said that ultra-processed foods are likely addictive. Robert F. Kennedy Jr., President-elect Donald Trump’s pick to lead the U.S. Department of Health and Human Services, has criticized the food industry and the FDA for failing to regulate it.

Martinez’s lawsuit alleges that the food companies have long known their products are harmful and deliberately engineered them to be as addictive as possible. It argues that they are drawing from the same “cigarette playbook” as tobacco giants Philip Morris (NYSE:PM) and R.J. Reynolds, which for a time owned the companies that became Kraft Heinz and Mondelez.

The lawsuit includes claims for conspiracy, negligence, fraudulent misrepresentation and unfair business practices. It seeks an unspecified amount of compensatory and punitive damages.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
next post
Google’s biggest bet is AI for search, investment chief says

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

      May 16, 2025
    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025
    • YouTube will stream NFL Week 1 game in Brazil for free

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (464)
    • Stock (6,426)

    Latest News

    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
    • Netflix says its ad tier now has 94 million monthly active users

    Popular News

    • Argentina monthly inflation seen under 3% in November, but sticky
    • UK commits to regulator’s proposals to improve housebuilding

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy