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View Full Version : Pepsi slapped with 1.26 billion dollar fine!


Saul
10-29-2009, 04:34 PM
http://finance.yahoo.com/news/Price-to-PepsiCo-for-Not-law-3214509113.html?x=0&.v=1

Yowsers!!
rdlsz24
10-29-2009, 04:39 PM
I saw that earlier lol. For the concept of bottling water??

Rob
Saul
10-29-2009, 04:57 PM
I saw that earlier lol. For the concept of bottling water??

Rob

Actually no. The lawsuit was about that - but - they actually got fined for not showing up to court! :idea:
rdlsz24
10-29-2009, 05:02 PM
Ah yes I forgot about that

Rob
Yamada
10-29-2009, 05:02 PM
Coke taste better!
Saul
10-29-2009, 05:19 PM
Coke taste better!

X2! :w00t:
Honda_Dude
10-29-2009, 06:49 PM
Coke taste better!


-1 LOL
inv3ctiv3
10-29-2009, 07:12 PM
Pepsi > All
i58829
10-29-2009, 07:13 PM
Man that is unreal. I guess they must have thought it was a joke, until they got a fine for 1.26billion dollars...
chris200x
10-29-2009, 07:15 PM
Now its gonna cost ya $6 for a 2 litre bottle of pepsi. lol!!! I like beer better anyways ;)
The Goat
10-29-2009, 07:57 PM
I'm pretty sure I've always learned that there is a maximum fine that a single company can incur....

Hence the reason companies centered around toxic waste disposal stay in business. Make a million bucks a day, maximum fine of 50k a day.

My money is that they won't have to pay a dime.

Pretty damned retarded of the judge, likely he/she wanted publicity.
250rAL
10-30-2009, 09:39 AM
It's not a fine; it's a default judgement. They didn't show up in court so the other party won the suit.
Billy Golightly
10-30-2009, 09:53 AM
yeah from what I read, theres no government imposed fine. The people that brought the suit won it on default because Pepsi was a no-show, even though some of its subsidaries (according to the article) were there, that was not enough. Its just like if you dont show up to court to defend yourself of something, you automatically lose.
AutoXer
10-30-2009, 10:30 AM
these law suits are alot of what went wrong in this country. We need to join together and say no that doesn't make sence ...... oh well all great empires fall eventually
harryredtrike
11-02-2009, 02:29 AM
^^^^ your right about that.were going in the crapper anyways
jensenracing77
11-02-2009, 06:30 AM
pepsi suports Obama so i am sure he will help out his suporter. boy do we need new people in washington.