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Marcelo Cunha v. Hansen Natural Corporation et al
Case Number:
5:08-cv-01249
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 17, 2014
$16M Settlement In Monster Beverage Securities Suit
Monster Beverage Corp. agreed in California federal court Wednesday to pay more than $16 million to settle a class action that accuses it of overstating the benefits of a distribution deal with Anheuser-Busch Co., causing the stock to climb artificially high.
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June 20, 2013
Hansen Says Proposed Class Can't Show Market Efficiency
Hansen Natural Corp. urged a California federal judge on Thursday to deny certification of a proposed securities class action alleging it caused investor losses by making false financial statements, saying the plaintiffs had not shown that movements in Hansen's stock price were tied to misleading information.