US: PepsiCo to pay out to consumers in Naked Juice lawsuit settlement
PepsiCo denies the claims in the lawsuit relating to Naked Juice
PepsiCo has agreed to a lawsuit settlement over its Naked Juice brand that could see US consumers who have bought the product in the past six years get up to US$75 each, it has emerged.
The firm, which is facing a total $9m pay-out over the lawsuit, reportedly said last month it will drop the term “natural” on branding as part of the settlement. The lawsuit, filed last year, had claimed that Naked Juice's ingredients were “synthetic”.
A federal court has now said that consumers who bought the product between 27 September 2007 and 19 August 2013 “may” be eligible to “up to” $75 with a receipt. Those without a receipt could get up to $45.
A dedicated website has been set up to deal with claims.
The US Central District of California court notices states that Naked Juice denies it did anything wrong and denies all the claims in the lawsuit. “The court did not rule in favour of either party,” it adds. “Instead, the parties agreed to a proposed settlement in order to avoid the expense and risks of continuing the lawsuit."
Nobody at PepsiCo was immediately available for comment. The company acquired Naked Juice in 2007.
Earlier this month, The Coca-Cola Co took aim at the in-home carbonation market, through its tie-up with Green Mountain Coffee Roasters. Richard Corbett surveys the battlefield....
PepsiCo, Inc. (PEP) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalD...
In 2012, Cía de Bebidas Pepsico continued to adapt to the gloomy economic climate by holding back prices, offering its core carbonates brands at lower retail prices than its main competitor Cía Servic...
While PepsiCo has lost ground to Coca-Cola in some HW soft drinks categories, including RTD tea, bottled water and carbonates, PepsiCo is in a much stronger position in HW packaged foods. The company’...
PepsiCo India is one of the largest players in packaged foods and soft drinks in India. The holding became the new title sponsor of the Indian Premier League (IPL) for five seasons starting from 2013....
- Interview - Bacardi global marketing boss, whisky
- Has Coca-Cola Jumped From Frying Pan to Fire?
- Constellation grapples with glass as reality bites
- just The Preview - Carlsberg's Q2 & H1
- just The Preview - Heineken's H1 & Q2
- Diageo doubles intake for spirits start-ups scheme
- Second senior exec to depart Bacardi
- Diageo appoints head for Asia marketing unit
- Bacardi sees North America president step down
- Constellation recalls Corona over glass threat