Wheat Thins purchasers settle with Mondelez over labeling
Portfolio Pulse from
Mondelez International has agreed to a $10 million settlement in a lawsuit over misleading labeling of Wheat Thins as '100% Whole Grain' despite containing corn starch.
February 19, 2025 | 4:00 pm
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NEGATIVE IMPACT
Mondelez International settled a lawsuit for $10 million over misleading labeling of Wheat Thins as '100% Whole Grain'. This may affect investor perception and brand reputation.
The settlement indicates a legal resolution but highlights potential issues with Mondelez's product labeling practices. This could negatively impact investor sentiment and brand reputation in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100