Archives | May, 2013

GE pays $40 million to settle shareholder lawsuit

May 2, 2013 10:16 am Published by Leave your thoughts

Following allegations by shareholders that the company misled investors about its financial health during the 2008 financial crisis, General Electric has agreed to pay a $40 million settlement.

Lawsuit against Arizona Beverage Co. tossed out of court

May 1, 2013 10:32 am Published by Leave your thoughts

Arizona Beverage Company, the New York-based maker of the popular Arizona Iced Tea product line, will be allowed to continue labeling its products "all-natural" after a federal judge threw out a class-action lawsuit against the company in April.