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2 Hudson residents sue General Mills over Cheerios cholesterol claims
Court News |
2009/10/19 09:24
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Two Hudson County residents are suing General Mills over the cereal maker's claims that Cheerios helps reduce cholesterol, NJBiz.com reports.
Edward Myers and Elsa Acevedo are the lead plaintiffs in the $5 million class-action suit filed in U.S. District Court in Newark, the Web site said.
The Food and Drug Administration issued a warning to General Mills over the issue in May, the Web site noted. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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