{"id":8381,"date":"2019-06-26T10:40:36","date_gmt":"2019-06-26T14:40:36","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=8381"},"modified":"2019-06-26T10:40:36","modified_gmt":"2019-06-26T14:40:36","slug":"conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders\/","title":{"rendered":"Conagra Brands (CAG) Is Being Sued For Allegedly Misleading Shareholders"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-8382 size-medium\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/BookGavel2-300x200.jpg\" alt=\"Owners of Conagra Brands stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods. Conagra, which is a component of the S&amp;P 500, announced that it would acquire Pinnacle Foods in June, 2018. CEO Sean Connolly publicly assured investors that Conagra had done its due diligence into Pinnacle, which owns brands such as Birds Eye and Duncan Hines, and said that the two companies were a natural fit for each other.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/BookGavel2.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/BookGavel2-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Owners of <a href=\"https:\/\/www.secarbitrationlawyer.com\/conagra-investors-sue-allege-company-hid-problems-related-to-11b-pinnacle-acquisition\/\" target=\"_blank\">Conagra Brands<\/a> stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods.<\/p>\n<h3><strong>Conagra Justifies Acquisition Of Pinnacle Foods<\/strong><\/h3>\n<p>Conagra, which is a component of the S&amp;P 500, announced that it would acquire Pinnacle Foods in June, 2018. CEO Sean Connolly publicly assured investors that Conagra had done its due diligence into Pinnacle, which owns brands such as Birds Eye and Duncan Hines, and said that the two companies were a natural fit for each other. <a href=\"https:\/\/www.silverlaw.com\/blog\/conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders\/#more-8381\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owners of Conagra Brands stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods. Conagra, which is a component of the S&#038;P 500, announced that it would acquire Pinnacle Foods in June, 2018. CEO Sean Connolly publicly assured investors that Conagra had done its due diligence into Pinnacle, which owns brands such as Birds Eye and Duncan Hines, and said that the two companies were a natural fit for each other.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[602,590],"tags":[],"class_list":["post-8381","post","type-post","status-publish","format-standard","hentry","category-class-action","category-misrepresentation-and-omission-of-material-facts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Conagra Brands (CAG) Is Being Sued For Allegedly Misleading Shareholders<\/title>\n<meta name=\"description\" content=\"Owners of Conagra Brands stock (CAG) are suing, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Conagra Brands (CAG) Is Being Sued For Allegedly Misleading Shareholders\" \/>\n<meta name=\"twitter:description\" content=\"Owners of Conagra Brands stock (CAG) are suing, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/BookGavel2.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta 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Foods.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/BookGavel2.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/conagra-brands-cag-is-being-sued-for-allegedly-misleading-shareholders\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Conagra Brands (CAG) Is Being Sued For Allegedly Misleading 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