PepsiCo misplaces letter, faces $1.26 bln judgment, page
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Topic started on 2-11-2009 @ 01:24 AM by Desolate Cancer

PepsiCo misplaces letter, faces $1.26 bln judgment


www.cnbc.com
It's an expensive lesson on the importance of reading your mail. A Wisconsin judge has ordered PepsiCo Inc to pay $1.26 billion to two men who said it stole their idea to sell purified water after a secretary mislaid a document alerting the world's No. 2 soft drink maker the lawsuit existed.

The judgment amount is equal to more than 20 percent of PepsiCo's reported annual profits in recent years, regulatory filings show
(visit the link for the full news article)


Related News Links:
www.law.com
www.themoneytimes.com
www.thenewlawyer.com.au
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