Kraft, Mondelz wheat price manipulation hurt traders-U.S. lawsuit

April 10, 2015 4:17 PM

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April 10 (Reuters) - Kraft Foods Group Inc and Mondelz International Inc are being sued in a proposed class action on behalf of wheat futures and options traders for allegedly manipulating the grain's price.

The lawsuit was filed on Thursday by futures trader Richard Dennis in the federal court in Chicago, eight days after the U.S. Commodity Futures Trading Commission sued both companies.

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