Campbell Soup

CPB

Market cap $9.07B

Here are some of the major companies whose stocks moved on the week's news.

Campbell's fired an executive who allegedly said it relies on ingredients that are bad for people's health. Now, the company is defending its most well-known products.

Campbell's confirmed the executive's departure, and called the recorded comments “vulgar, offensive and false.”

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Campbell's Co. (NASDAQ: CPB) in connection with a lawsuit filed in Michigan alleging a Campbell's executive made offensive comments about Campbell's products. If you currently own shares of Campbell's stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=48524 for more information. You.

In a profane, racist rant, the IT executive said the company made unhealthy food for ‘poor people.'

Campbell's (NASDAQ: CPB) has been the center of stock market attention for a couple of days now, and for all the wrong reasons.

CNBC's Becky Quick reports on the latest news.

The company said it placed an executive on temporary leave after he was allegedly caught on tape saying the company made “highly processed food” for “poor people.”

Executive Martin Bally put on leave after alleged remarks were purportedly recorded and attributed to him in lawsuit

Campbell's (NASDAQ: CPB) stock crashed more than 3% on Monday, November 24, ​​after a former employee alleged in a lawsuit that the vice president and chief information security officer, Martin Bally, was mocking “poor people,” ridiculing the company's products, and making racist comments about colleagues.