Kraft Heinz pays $62 million civil penalty to SEC - NewsBreak
By Lawce in Business
Updated 3 years ago
WASHINGTON — The Securities and Exchange Commission (SEC) charged The Kraft Heinz Co. with "engaging in a long-running expense management scheme" resulting in the reinstatement of three years of financial reporting. The Chicago-based company did not admit to or deny the SEC's findings but agreed to pay a $62 million civil penalty.
