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US fines Kraft Heinz $62m on bogus cost savings

US fines Kraft Heinz $62m on bogus cost savings
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United statesEduardo pelleissoneGurbir grewalKlaus hofmannKraft heinzExchange commissionGrey pouponAnita bandy

Kraft, former officials settle SEC charges for $62 million

Federal regulators said Friday that Kraft Heinz Co. will pay $62 million to settle charges of accounting wrongdoing that led the company to report overly rosy financial results, which were later corrected.

United statesEduardo pelleissoneKlaus hofmannKraft heinz coExchange commissionKraft foodsKraft heinzWall streetChief operating officer eduardo pelleissone

US fines Kraft Heinz $62m on bogus cost savings

US fines Kraft Heinz $62m on bogus cost savings
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United statesEduardo pelleissoneGurbir grewalKlaus hofmannKraft heinzExchange commissionGrey pouponAnita bandy

Kraft, execs to pay more than $62 million over U S accounting scheme charges

Kraft, execs to pay more than $62 million over U S accounting scheme charges
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New yorkUnited statesEmelia sithole matariseChris prenticeEduardo pelleissoneJonathan stempelKlaus hofmannKraft heinzSteve orlofskyExchange commissionWarren buffett berkshire hathaway incKraft heinz companyBerkshire hathaway incSusan heavey

SEC Charges The Kraft Heinz Company And Two Former Executives For Engaging In Years-Long Accounting Scheme - Company Will Pay $62 Million To Settle Charges Related To Inflated Cost Savings That Caused It To Restate Several Years Of Financial Reporting

SEC Charges The Kraft Heinz Company And Two Former Executives For Engaging In Years-Long Accounting Scheme - Company Will Pay $62 Million To Settle Charges Related To Inflated Cost Savings That Caused It To Restate Several Years Of Financial Reporting
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Gurbirs grewalJames connorGreg faragassoEduardo pelleissoneGary petersSethm nadlerSarah concannonThomas bednarKlaus hofmannThomasb rogersExchange commissionDivision of enforcementKraft heinz companyChief operating officer eduardo pelleissoneChief procurement officer klaus hofmannAssociate director