March 2024 Update:

The deadline for submission of claims to the Kraft Heinz Fair Fund has passed.  We received a tremendous response during the claim submission period.  We are currently reviewing the nearly 320,000 claims submitted to the Kraft Heinz Fair Fund.  We appreciate your patience as we work through all of the claim filings.  Please check back to the website as we will continue to provide updates as the process evolves.

Welcome to the Kraft Heinz Fair Fund Website

On September 3, 2021, the U.S. Securities and Exchange Commission (“SEC” or “Commission”) issued the Order instituting and simultaneously settling cease-and-desist proceedings (the “OIP”) against The Kraft Heinz Company (“Kraft Heinz”).  In the OIP, the Commission found that Kraft Heinz engaged in various types of accounting misconduct that resulted in Kraft Heinz reporting inflated earnings metrics during the period from 2015 through 2018.

The OIP ordered Kraft Heinz to pay a civil money penalty in the amount of $62,000,000, and created a Fair Fund pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002 (the “Kraft Heinz Fair Fund”) to be used to distribute the penalty to investors harmed by the alleged misconduct.  The Kraft Heinz Fair Fund also includes disgorgement and prejudgment interest of $14,211.31, and a civil penalty of $300,000, ordered pursuant to the Commission’s action against Eduardo Pelleissone.

On March 8, 2022, the Commission appointed RCB Fund Services LLC, as the fund administrator for the Kraft Heinz Fair Fund to oversee all aspects of the administration and distribution of the Fair Fund.

On December 23, 2022, the Commission approved a plan of distribution for the Kraft Heinz Fair Fund.  The plan of distribution sets forth the eligibility criteria and other rules governing the administration and distribution of the Kraft Heinz Fair Fund.