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Coca-Cola Agrees to $137.5 Mln Settlement in Case

Business (tags: consumers, corruption, cover-up, dishonesty, economy, corporate, business, money )

Susiebell
- 92 days ago - reuters.com

PHILADELPHIA (Reuters) - Coca-Cola Co (KO.N: Quote, Profile, Research, Stock Buzz) agreed to pay $137.5 million to settle a shareholder lawsuit that claimed the world's largest soft drink maker artificially inflated sales to boost its stock price, accord

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Comments

Louise L. (34)

Tuesday July 8, 2008, 4:48 pm
Hmmm, so they caught them with their pants down. It does beg the question: How many companies did it and got away with it? Food for thought. Thanks, Linda.

Susiebell H. (119)

Tuesday July 8, 2008, 9:40 pm
I just Wal-Mart would get caught!

Hillary O. (0)

Monday July 14, 2008, 2:10 pm
$137.5 million to shareholders? While CC continues to pollute, not to mention torture and kill people in other nations who revolt at getting paid pennies per hour. This is a revolting company; irresponsible, inhumane
and utterly without scruples. Boycott Coca-Cola, please.