2013-02-24
KFC's Parent Faces Shareholder Lawsuits For Alleged Tainted Chinese Chicken
Lawsuits have been filed against KFC's parent company Yum! Brands Inc. by multiple entities in the U.S. over alleged breaches of fiduciary duties, insider selling, misrepresentations, and lack of disclosure related to claims that certain KFC chicken suppliers in China had injected chickens with illegal chemicals. The Shareholders Foundation Inc. announced last week that an [...]