Connect with us

Hi, what are you looking for?

Stock

Lawsuit accuses major food companies of marketing ‘addictive’ food to kids

By Brendan Pierson

(Reuters) -Major food companies, including Kraft Heinz (NASDAQ:KHC), Mondelez (NASDAQ:MDLZ) and Coca-Cola (NYSE:KO), were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease.

The lawsuit was filed in the Philadelphia Court of Common Pleas by Bryce Martinez, a Pennsylvania resident who alleges he developed type 2 diabetes and non-alcoholic fatty liver disease, diagnosed at age 16, as a result of consuming the companies’ products.

His lawyers at the firm Morgan & Morgan, a major U.S. plaintiffs’ firm, described the case as the first of its kind.

The other companies being sued are Post Holdings (NYSE:POST), PepsiCo (NASDAQ:PEP), General Mills (NYSE:GIS), Nestle (NS:NEST)’s U.S. arm, WK Kellogg (NYSE:K), Mars, Kellanova and Conagra.

“There is currently no agreed upon scientific definition of ultra-processed foods,” Sarah Gallo, senior vice president of product policy for the Consumer Brands Association, an industry group representing food and beverage makers, said in a statement.

“Attempting to classify foods as unhealthy simply because they are processed, or demonizing food by ignoring its full nutrient content, misleads consumers and exacerbates health disparities.”

Evidence has grown in recent years that highly processed foods are linked to a wide range of chronic health problems. Food described by researchers as “ultra-processed” includes many packaged snack foods, sweets and soft drinks made with substances extracted from whole foods or synthesized artificially.

Current U.S. Food and Drug Administration Commissioner Robert Califf has said that ultra-processed foods are likely addictive. Robert F. Kennedy Jr., President-elect Donald Trump’s pick to lead the U.S. Department of Health and Human Services, has criticized the food industry and the FDA for failing to regulate it.

Martinez’s lawsuit alleges that the food companies have long known their products are harmful and deliberately engineered them to be as addictive as possible. It argues that they are drawing from the same “cigarette playbook” as tobacco giants Philip Morris (NYSE:PM) and R.J. Reynolds, which for a time owned the companies that became Kraft Heinz and Mondelez.

The lawsuit includes claims for conspiracy, negligence, fraudulent misrepresentation and unfair business practices. It seeks an unspecified amount of compensatory and punitive damages.

This post appeared first on investing.com






    You May Also Like

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 balanceandcharge.com