Monster Beverage Corp has agreed to pay-out US$16.3m to settle a long-running shareholders’ class action that accused the company of overstating the benefits of a distribution deal with Anheuser-Busch in the US, according to reports.
US: Monster Corp pays US$16m to settle shareholder lawsuit – report
Monster Beverage Corp has agreed to pay-out US$16.3m to settle a long-running shareholders' class action that accused the company of overstating the benefits of a distribution deal with Anheuser-Busch in the US, according to reports.