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Campbell Soup Company

Case Summary

Campbell Soup Company Securities Litigation

Case Summary

Case Status:    ONGOING    
On or around 04/30/2019 (Ongoing date of last review)

Filing Date: September 28, 2018

According to the Complaint, Campbell Soup Company (“Campbell” or the “Company”) is a global food company that sells soups, packaged meals, beverages, snacks, and packaged fresh foods.

The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically: (i) Defendants failed to disclose known trends that were negatively impacting the profitability of the Campbell Fresh division; and (ii) as a result of the foregoing, Defendants’ positive statements about the Company’s and the Campbell Fresh division’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.

On January 8, 2019, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended consolidated Complaint on March 1.

Company & Securities Information

Defendant: Campbell Soup Company

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Food Processing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CPB
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.

First Identified Complaint

Marisa Marder, et al. v. Campbell Soup Company, et al.

COURT: D. New Jersey
DOCKET #: 18-CV-14385
JUDGE: Hon. Noel L. Hillman
DATE FILED: 09/28/2018
CLASS PERIOD START: 08/31/2017
CLASS PERIOD END: 05/17/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C.
  2. Kessler Topaz Meltzer & Check LLP (Pennsylvania)
First Identified Complaint (FIC) Filings:
No Document Title Filing Date
1 Class Action Complaint 09/28/2018
2 Order Granting Motion of Oklahoma Firefighters Pension and Retirement System for Consolidation of Related Actions, Appointment as Lead Plaintiff, and Approval of Selection of Counsel 01/08/2019
3 U.S. District Court Civil Docket 01/11/2019

Reference Complaint

In re Campbell Soup Company Securities Litigation

COURT: D. New Jersey
DOCKET #: 18-CV-14385
JUDGE: Hon. Noel L. Hillman
DATE FILED: 03/01/2019
CLASS PERIOD START: 07/19/2017
CLASS PERIOD END: 05/17/2018
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C.
    5 Becker Farm Road , Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C., NJ 07068
    (973) 994-1700 (973) 994-1744 ·
  2. Kessler Topaz Meltzer & Check LLP (Pennsylvania)
    280 King of Prussia Road, Kessler Topaz Meltzer & Check LLP (Pennsylvania), PA 19087
    610.667.7706 610.667.7706 · info@ktmc.com
  3. Nussbaum Law Group, P.C.
    570 Lexington Ave., 19th floor, Nussbaum Law Group, P.C., NY 10022
    (212) 702-7054 ·
Reference Complaint (REF) Filings:
No Document Title Filing Date
1 Amended Consolidated Class Action Complaint 03/01/2019
2 U.S. District Court Civil Docket 03/01/2019

Related District Court Filings

—Related District Court Filings Data is not available
 
 

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