Red Bull GmbH has agreed to pay more than $13 million to settle a putative class action in New York federal court that alleged the Austria-based company and its U.S. subsidiaries falsely marketed its energy drinks as providing more benefits than alternate sources of caffeine.
Under terms of the proposed settlement, the parties have agreed that the class would include consumers who purchased at least one Red Bull beverage dating back to Jan. 1, 2002, according to court documents filed July 31 by plaintiffs in the U.S. District Court for the Southern District of New York.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
