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Here’s a hot development. We are still waiting for the claim form to be released, but Kellogg’s is going to be coughing up some serious dough due to a class action lawsuit settlement.
This case is due to Kellogg’s labeling products as “healthy,” “wholesome” or “nutritious” when they have large amounts of added sugar. Kellogg’s has agreed to stop labeling certain products like this in the future. Affected products include Raisin Bran, Nutri-Grain Bars, Frosted Mini Wheats Cereal and Smart Start Cereals.
If you have bought these products in the past (who hasn’t?), you are likely to be eligible to receive a settlement. The settlement includes a total payout of $20 million to people who claim to be affected by the false advertising, including vouchers of up to $20 for customers who purchased the cereals since Aug. 29, 2012.
Want to read more? Check out the full story at MSN.