This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lawsuit: ConAgra Misled Consumers About Health Benefits Of Parkay Spray

Hagens Berman, a consumer-protection law firm, has filed a lawsuit in federal court alleging that ConAgra Foods, Inc. (NYSE: CAG) deceptively marketed Parkay Spray, a sprayable margarine product, as “fat free,” and “0 calories” to entice health-conscious customers, despite the product not meeting federal requirements to qualify for those claims.

The lawsuit, filed on March 21, 2013 in the U.S. District Court for the District of Northern California, seeks to represent a nationwide class of consumers who purchased Parkay Spray and who were misled about its nutritional value. The suit asks the court to award damages to consumers to compensate them for the alleged misstatements about Parkay.

Consumers who purchased Parkay Spray can contact a Hagens Berman attorney to discuss the case by calling (206) 623-7292 or by emailing Parkay@hbsslaw.com.

Parkay is a line of margarine products in spreadable, sprayable and squeezable forms, and was acquired by ConAgra Foods, the nation’s second largest packaged-food company, in 1998. According to the lawsuit, ConAgra markets Parkay Spray, as a “guilt-free” alternative to traditional butter products, and claims that the product is “0 calories,” “0 fat,” and “fat free” in official product descriptions on company websites and in advertisements.

The lawsuit claims that these representations are false. It alleges that the defendants used unlawful serving sizes to hide the amount of fat and number of calories that a reasonable consumer would actually consume using the product. Such attempts are in direct violation of the Food and Drug Administration’s (FDA) rules, says Steve W. Berman, the Hagens Berman attorney leading the case.

“This cynical scheme is meant to take advantage of consumers who are trying to look out for their health, and the health of their families,” said Mr. Berman. “We plan to show that ConAgra is openly flouting the FDA’s rules and state laws that prohibit the practice of simply lowering the serving size on the label to hide the number of calories in a product.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs