Judge authorizes $16 million fine against Kraft and Mondelez to settle CFTC complaint, agency says

May 13 (Reuters)A federal judge sentenced Kraft Heinz consumer food companies on FridayKHC.O and Mondelez InternationalMDLZ.O pay a $16 million fine as part of a settlement with the U.S. Commodity Futures Trading Commission, the agency said.

The CFTC said in 2015 that it filed a lawsuit against the companies alleging manipulation and attempted manipulation of spot wheat and wheat futures prices.

(Reporting by Tyler Clifford)

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