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food companies face lawsuit over alleged addiction and health risks to children
Major U.S. food companies, including Coca-Cola and General Mills, face a lawsuit alleging they have created addictive "ultra-processed" foods that contribute to chronic illnesses in children. The plaintiff, Brass Martinez, claims these companies knowingly designed harmful products, seeking compensatory and punitive damages for their actions. The case highlights growing concerns over the health impacts of highly processed foods and the industry's responsibility in addressing these issues.
activist investor jana seeks board changes at lamb weston to enhance value
Activist investor Jana Partners, alongside Continental Grain, is engaging with Lamb Weston to address financial performance, capital spending, and corporate governance, aiming to place five nominees on the board. The firm plans to enhance operational efficiency and align management incentives with shareholder value, potentially leading to a new CEO. A strategic review may also consider a sale, with Post Holdings as a possible acquirer, given its strong market performance since Lamb Weston’s spin-off.