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Company: Coca-Cola
Current Parent Company:
Coca-Cola Co.
Parent at the Time of the Penalty Announcement:
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Penalty: $325,000
Year: 2009
Date: February 26, 2009
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Coca-Cola, Nestle and their joint venture Beverage Partnership Worldwide agreed to pay a total of $650,000 to settle multistate litigation alleging that they made questionable claims while marketing a green tea beverage called Enviga. The announcement did not specify how much each company would pay. Here we assume the amount was split evenly between them.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: beverages
Specific Industry of Current Parent: beverages
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.