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A lawsuit filed against Monster Beverage (MNST -13.2%) over the death of a teenager ...

  • Monday, October 22, 2012, 2:49 PM ET
    A lawsuit filed against Monster Beverage (MNST -13.2%) over the death of a teenager  alleges (court filing .pdf) the two cans of the company's energy drink consumed by the girl contained 480 milligrams of caffeine. Though it's the equivalent of more than a dozen Coke soft drinks (caffeine database), short-term trading opportunists note it's only 60 milligrams more than one Starbucks Venti coffee. In a statement, Monster Beverage maintains it has safely sold over 8B energy drinks worldwide.
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This news story has 13 comments:

  •  
    What else was found in the dead person's system?
    22 Oct 2012, 02:54 PM Reply Like
  •  
    Shakedown. Nothing more.
    22 Oct 2012, 02:57 PM Reply Like
  •  
    Ridiculous lawsuit. 14 year old girls should not be drinking 48 ounces of energy drinks. Parenting people...
    22 Oct 2012, 03:44 PM Reply Like
  •  
    Laughable lawsuit. People always have to blame something. Sad.
    22 Oct 2012, 03:52 PM Reply Like
  •  
    Pretty sure they have a disclaimer on the back of the can claiming that consumers should not consumer more than 1 monster drink in 24 hours.... no brainer for the judge. case closed.
    22 Oct 2012, 04:34 PM Reply Like
  •  
    it appears that the teenager had a congenital vascular defect (as noted in the autopsy)--Ehlers–Danlos syndrome (EDS). Hardly a strong case. I feel bad for the parents, but I don't think it merits a $1.3B reduction in market cap.

    any ideas on playing the upside recovery? options, stock?
    22 Oct 2012, 08:21 PM Reply Like
  •  
    Hmmm....slightly more caffeine than a starbuck's coffee drink....I am thinking they don't have a case either. Playing options appropriately.
    23 Oct 2012, 12:49 AM Reply Like
  •  
    Too much caffeine will apparently kill you.
    22 Oct 2012, 09:54 PM Reply Like
  •  
    Puts a strain on the heart. Works harder than normal
    25 Oct 2012, 01:47 AM Reply Like
  •  
    My heart goes out to the family but given what is known about this lawsuit, it doesn't look like there in a strong position legally.
    23 Oct 2012, 12:23 AM Reply Like
  •  
    What's the worst case scenario - pay a few million in settlement to the family?

    $1.4 billion in equity value wiped off of this company because of a lawsuit like this?
    23 Oct 2012, 03:02 AM Reply Like
  •  
    Tomorrow = HUGE BUYING OPPORTUNITY!

    MNST growth is phenomenal and at this price level presents itself as a good candidate to be the target of an acquisition.

    My suggestion, go long using LEAP call options.
    23 Oct 2012, 03:21 AM Reply Like
  •  
    I've considered doing the same. But be careful. You never know just how bad FUD like this could affect the stock.
    23 Oct 2012, 08:11 AM Reply Like
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