Wall Street Apes
@WallStreetApes
A first of its kind government lawsuit has been launched against 11 Big Food companies for knowingly creating highly addictive, poisonous, ultra processed foods
Companies being sued include giants like Kellogg and Coca-Cola
Showing these foods are liked to obesity, cancer, diabetes and more
“They're on nearly every shelf in nearly every grocery store across the country. Ultra-processed foods now make up over 50% of the American diet.
Our case is about companies who design food to be harmful and addictive. In San Francisco today, City Attorney David Chiu announced the first government lawsuit of its kind against 11 companies that manufacture ultra-processed foods, including breakfast titan Kellogg and beverage maker Coca-Cola, accusing them of using unfair and deceptive marketing to sell food.
We've known for a long time that the ingredients in many of these ultra-processed foods are unhealthy. — We have all suspected for a long time that food
here's a clear definition in California law on what ultra-processed foods are — San Francisco has a history of taking on big business. They previously sued and won multi-million dollar lawsuits against big tobacco, lead paint and opioid manufacturers.“
https://x.com/WallStreetApes/status/1996076606084034884?s=20