PepsiCo to fight Aunt Jemima suit

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

PepsiCo (PEP +0.6%) has been sued for $2B by the descendents of a woman who was the inspiration for the Aunt Jemima brand.

The filing also asks for the judge to ban Aunt Jemima syrup and pancake products in parts of Africa.

The company says the federal suit filed in Chicago is without merit.