Price to PepsiCo for Not Being in Court: $1.26 Billion

28 October 2009, 10:55 PM

zman977

Join Date: 26 September 2003

Location: La Salle, IL

Posts: 2,122

Price to PepsiCo for Not Being in Court: $1.26 Billion

Quote:

What's the cost of not showing up to court? For PepsiCo Inc., it's a $1.26 billion default judgment. A Wisconsin state court socked the company with the monster award in a case alleging that PepsiCo stole the idea to bottle and sell purified water from two Wisconsin men.

http://www.google.com/hostednews/ap/...PIVPwD9BKB3D80

I'm thinking there will be an appeal.

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