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Corporate & Securities Law

: The 10b-5 Daily

Coca-Cola Settles

By Lyle Roberts

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Coca-Cola Co. (NYSE: KO), the world’s largest manufacturer, distributor, and marketer of nonalcoholic beverages and syrups, has agreed to the preliminary settlement of the securities class action pending against it in the N.D. of Georgia. The long-running case, originally filed...

Full post as published by The 10b-5 Daily on July 11, 2008 (boomark / email).

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Lawsuits and Settlements

Coca-Cola Co.
has agreed to pay $137.5 million to settle a securities lawsuit claiming the company artificially inflated sales to boost its stock price.

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