Kraft Heinz will pay $62 million to settle SEC claims that it overstated cost savings, inflating profits and misleading investors - NewsBreak

Kraft Heinz will pay a $62 million penalty to resolve a SEC investigation into its accounting. Regulators alleged the group overstated cost savings, inflating profits and misleading investors. Kraft Heinz and two of its former executives settled without admitting to or denying the charges. Kraft Heinz will pay a $62...