Robbins Geller, GPM Will Lead Kraft Heinz Securities Litigation

Robbins Geller Rudman & Dowd LLP and Glancy Prongay & Murray LLP will represent co-lead plaintiffs in consolidated shareholder derivative litigation against Kraft Heinz Co., after a federal court said the firms could handle a complex and resource-intensive undertaking.

The U.S. District Court for the Northern District of Illinois said there was no clear winner among the competing proposed lead plaintiffs, so it looked to their proposed legal teams to resolve the draw.

Co-lead plaintiffs Stephen Silverman and Dale Waters, represented by Robbins Geller and GPM, were competing against proposed lead plaintiff Richard Merritts. Merritts is represented by by ...