Mississippi’s public employees' fund, a Louisiana sheriffs’ fund and the state of Rhode Island were among the lead plaintiffs.
Swedish pension fund AP7 was among the plaintiffs who alleged Kraft Heinz misled investors regarding a $15.4 billion goodwill charge.
With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.
The complaint alleged the insurance giant saddled its plan portfolio with proprietary duds.
BlueCrest Capital Management allegedly misled investors about replacing traders with an underperforming algorithm.