US: Coke "channel stuffing" case to proceed
The US soft drinks behemoth Coca-Cola Co has lost its attempt to halt a securities-fraud lawsuit, after a judge ruled there was enough evidence to let investigators proceed.
The lawsuit claims the company deliberately inflated sales by forcing Japanese bottlers to take excess syrup, a practice known as "channel stuffing".
The judge ruled that investors should be allowed get internal documents from Coca-Cola to develop their case.
Coke had asked that the suit should be thrown out due to insufficient evidence.
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