Mealey's (May 10, 2023, 1:37 PM EDT) -- CHICAGO — Parties have asked a federal judge in Illinois to grant preliminary approval of a $450 million settlement in a class action alleging that The Kraft Heinz Co. and others misrepresented the company’s business and financial condition after implementing post-merger cost-cutting measures in violation of federal securities laws, arguing that the settlement is fair, reasonable and adequate....