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Leonard delivered a check for $700,008.50 to PepsiCo, attempting to purchase the jet. PepsiCo initially rejected Leonard's offer, citing the humorous nature of the offer in the advertisement. Leonard then sued PepsiCo, Inc. in an effort to enforce the offer and acceptance perceived by Leonard to be made in the advertisement.
After initially being sued by PepsiCo in the Southern District of New York, in an effort to establish a favorable venue, Leonard filed a lawsuit in Miami accusing PepsiCo of breach of contract, fraud, deceptive and unfair trade practices, and misleading advertising. [6]
The case, Leonard v. Pepsico, Inc., not only helped shape the decade, but the outcome has had a long-lasting impact that's still seen today. Ahead of its debut on Nov. 17, Renzi spoke to ET about ...
In 1998, Wood presided over the case of the Greek Orthodox Patriarchate of Jerusalem v. Christie's, Inc., in which the ownership of the Archimedes Palimpsest was disputed. Wood also later presided over Leonard v. Pepsico, Inc., 88 F. Supp 2d 116 (S.D.N.Y. 1996), more widely known as the Pepsi Points Case.
The case is McCausland et al v PepsiCo Inc, U.S. District Court, Northern District of California, No. 23-04526. (Reporting by Jonathan Stempel in New York, Editing by Franklin Paul)
The product produced by PepsiCo emblazons healthy fruits and vegetables on its labels, but actually contains roughly as much sugar as a can of Pepsi. PepsiCo misleads buyers of Naked juice ...
About 22,000 people took legal action against PepsiCo. At least 689 civil suits and 5,200 criminal complaints for fraud and deception were filed. [ 1 ] In January 1993, Pepsi paid the Department of Trade and Industry a fine of 150,000 pesos for violating the promotion's approved conditions. [ 7 ]
Shares of PepsiCo are down about 14% in the past three months, underperforming the S&P 500's 5% gain. The stock price of rival Coca-Cola ( KO ) is down 9% over the same stretch, while Spam maker ...