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Stock impact report

Conagra sued over Hawaiian snacks made in Washington state [MSN Money]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: MSN Money
Two potato chip eaters are suing a Washington State food company, claiming it misrepresented its Hawaiian snacks  as being made in the Aloha State and with local ingredients. Load Error At issue are Tim’s Cascade Snacks' line of Hawaiian Kettle Style Potato Chips, Hawaiian Luau Barbeque Rings and Hawaiian Sweet Maui Onion Rings. Plaintiffs Michael Maeda of Hawaii and Iliana Sanchez of California call the names and packaging — which includes images of a luau, an outrigger canoe and hula dancers — “false and deceptive labeling, packaging and advertising.” The lawsuit says Tim’s Cascade Snacks is owned by Pinnacle Foods, whose portfolio also includes Duncan Hines, Van de Kamp’s, Aunt Jemima, Birds Eye and Vlasic. However, on Oct. 26, Conagra Brands acquired Pinnacle in a $10.9-billion cash-and-stock deal. More: What's next for stocks? The Trump-Xi trade talks at the G-20 meeting could set the course No local ingredients are used to make the Hawaiian Snacks, n Show less Read more
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