Monster Beverage Corp has spoken out after paying US$16.3m to settle a long-running lawsuit that accused the company of overstating the benefits of a distribution deal, leading to an allegedly inflated share price.
US: Monster Corp would have beaten share price lawsuit – CEO
Monster Beverage Corp has spoken out after paying US$16.3m to settle a long-running lawsuit that accused the company of overstating the benefits of a distribution deal, leading to an allegedly inflated share price.