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NATIONAL ELEVATOR INDUSTRY PENSION FUND v. CONAGRA BRANDS, INC.

No. 21-1155.

NATIONAL ELEVATOR INDUSTRY PENSION FUND, et al., Plaintiffs-Appellants, v. CONAGRA BRANDS, INC., et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided May 9, 2022.

NONPRECEDENTIAL DISPOSITION

To be cited only in accordance with Fed. R. App. P. 32.1

ORDER

Conagra Brands acquired Pinnacle Foods in 2018 for about $11 billion in stock and cash. When Pinnacle's sales later fell, and the stock price of the combined firms also fell, several pension funds filed this suit as a class action under the Securities Act of 1933 and Securities Exchange Act of 1934. Claims under the Exchange Act depend on §10(b) of...

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