Well years later I finally remembered to grab a carton of Cool Whip and take a look. I was right all along. Take a look at this bad photo I took of it:
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Please pardon the blurriness, my cell phone wasn't designed for close-ups. If you squint hard enough, you can make out the ingredients list: water, corn syrup, hydrogenated vegetable oil...! Ha! See? Never believe the large and colorful marketing statements on the front of the package. The FDA allows companies to make statements like "0 trans fats" if the amount is under a certain percentage. Their belief is a little bit won't hurt you. Well I disagree. Why not just cut it out altogether? Why do they have to deceive the general public who usually don't read ingredient lists?
All gloating aside, my point is, always read the ingredient list, no matter what claims they make on the front. Even better, read the ingredients especially if they make claims on the front! Then you'll know what kind of company they are. If they like to make legal yet false claims, then they are not to be trusted. Better to just avoid that company's products altogether. Is it a bit drastic? Maybe, but with so many choices when you shop nowadays, why support the companies that don't have your health in mind?