New York lawsuit against PepsiCo dismissed [Yahoo! Finance]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance
New York State Attorney General Letitia James filed the claim last November, alleging that the Pepsi Max brand owner had been "jeopardising the environment and public health” due to the high levels of single-use plastics it manufactures. The lawsuit said the company was polluting New York's Buffalo River and contaminating the drinking water. In the latest ruling, Emilio Colaiacovo, Justice of the Supreme Court of New York State said the Mountain Dew maker could not be held responsible for polluting the river, as it was consumers who ultimately littered the space. The judge explained: "It is important to note that regardless of Defendant's aspirational goals, Pepsi/Frito Lay did not pollute the Buffalo River or any other local waterways - Other people did!" James's lawsuit sought to “obtain disgorgement, civil penalties, and restitution for the damage inflicted upon New York's communities and environment”. It also looked to prevent PepsiCo from selling or distributing goods
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PEP
Earnings
- 10/9/24 - Beat
PEP
Sec Filings
- 10/8/24 - Form 10-Q
- 10/8/24 - Form 8-K
- 10/3/24 - Form 4
- PEP's page on the SEC website