We expect to complete the claim review process for the Kraft Heinz Fair Fund this month. Following completion of the claim review process, an independent third-party firm will conduct a review of the claims administration, as required by the Distribution Plan.

Once the third-party review is complete, Determination Notices will be issued to all claimants, informing them of the final disposition of their claims. We currently anticipate commencing distributions to eligible claimants in September 2026.

We appreciate your patience throughout this process. Please continue to monitor this website for additional updates as the administration progresses.

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.