Ploss, et al. v. Kraft Foods Group, Inc. et al., 15-cv-02937 (N.D. Ill.)

On June 16, 2020, the Honorable John F. Kness presided at a status conference and indicated that the Court would promptly consider Plaintiffs motion to provide to the Class a notice of the pendency of this certified class action. The Class certified by the Court is defined as all persons or entities who either:

1. purchased a CBT December 2011 Contract or a CBT March 2012 Contract after October 31, 2011 except that purchases of CBT March 2012 Contracts made after December 14, 2011 qualify for inclusion in the Class only to the extent they were made in liquidation of a short position in the CBT March 2012 Contract (whether an outright short position or as part of a spread position) which was sold between November 1 and December 14, 2011 inclusive; or
2. sold put options or purchased call options on the CBT December 2011 Contract or on the CBT March 2012 Contract after October 31, 2011 except that sales of put options or purchases of call options on the CBT March 2012 Contracts made after December 14, 2011 qualify for inclusion in the Class only to the extent they were made in liquidation of a position in the CBT March 2012 Contract (whether an outright position or as part of a spread position) which was initiated between November 1 and December 14, 2011 inclusive.

The Firm is Court appointed Interim Co-Lead Counsel.  For further information, please contact Ian Stoll (istoll@lshllp.com).