Kellogg’s Rice Krispies—and Cocoa Krispies—cereals are the focus of a class action lawsuit settlement. Granted, the Class Period for this lawsuit isn’t all that long: it’s for Rice Krispies or Cocoa Krispies bought between June 1, 2009 and March 1, 2010. But, as any mom with school-age kids could tell you, between bowls at breakfast and the ever-popular Rice Krispies treats (homemade, of course), there’s a good chance that a lot of folks—including you—are part of the Class for this one.
So here’s the lowdown on the Kellogg’s Rice Krispies class action settlement…
False advertising. How? The plaintiff claimed that Kellogg Company made claims about Rice Krispies’ and Cocoa Krispies’ supporting a person’s immunity system (see pic)—without having competent clinical evidence to support the claim. (Personally, I’d be seeking other ways to boost my immunity, but what do I know…). Kellogg denies any wrongdoing, however the company and Class Representatives agreed to settle to avoid the cost of a trial.
Anyone who purchased Rice Krispies or Cocoa Krispies in the US between June 1, 2009 and March 1, 2010 is considered part of the Class.
A settlement fund of $2.5 million has been set up. Claimants will share in the amount left over once attorney fees and an incentive award for Class Representatives have been paid from the settlement fund.
Accordingly, Class Members may then seek reimbursement of $5 per box purchased, up to a maximum of $15 (i.e., 3 boxes) per household. As is typical with class action lawsuits, the actual amount claimant receives will depend on how many valid claims are received for this class action. If valid claims exceed the amount of money available to pay them, then each award will be reduced pro rata.
You need to fill out and submit a claim form by November 16, 2011. Proof of purchase is not required (but your honesty is).
For full details on the Kellogg’s Rice Krispies and Cocoa Krispies class action lawsuit, visit www.cerealadvertisingsettlement.com.