Conagra Brands will face a class-action lawsuit over sustainability claims [Seeking Alpha]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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US:NYSE Investor Relations:
conagrabrands.com/investor-relations
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Source: Seeking Alpha
The company must now face a lawsuit alleging that it misled U.S. consumers into believing that nine Mrs. Paul's and Van de Kamp's fish products were sustainably sourced. The group of consumers represented in the lawsuit claim that Conagra ( CAG ) sourced pollock in the Bering Sea from Russian fisheries that used gigantic nets to catch the fish. In the process of using the nets, the fisheries are accused of indiscriminately trapping and killing endangered fish species. Legal filing: "ConAgra's failure to ensure that the Sustainability Promise was truthful is a violation of the explicit promises that it made to consumers on each and every Product label. Consumers reasonably expect that ConAgra has the proper, company-wide monitoring in place to verify the explicit promise it made to consumers regarding the sustainability of the fishing practices used to source the Products. Instead, ConAgra failed to ensure that the fisheries only sourced using sustainable means, making its promises
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CAG
Earnings
- 4/4/24 - Beat
CAG
Sec Filings
- 4/4/24 - Form 10-Q
- 4/4/24 - Form 8-K/A
- 4/4/24 - Form 8-K
- CAG's page on the SEC website