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Ben Axler, Spruce Point Capital Management Founder and CIO joins Yahoo Finance’s Julia La Roche to discuss Oatly accused of overstating revenue and greenwashing by activist short Spruce Point.
In response, Oatly trademarked the fictitious brands Pjölk, Brölk, Sölk, and Trölk and began using them on their packaging. [4] The Swedish dairy lobby LRF Mjölk successfully sued Oatly for using the phrase "Milk, but made for humans." In response to the lawsuit, Oatly published the text of the lawsuit leading to an increase in sales. [44]
A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims, known as greenwashing, about how it sources its toilet paper. In a proposed class ...
New York City's lawsuit began in April 2021, three weeks after a federal appeals court rejected its lawsuit seeking to hold Exxon, BP, Shell, Chevron and ConocoPhillips liable to pay its costs ...
Shares of Oatly may be down more than 88% since its IPO in 2021, but one analyst expects the plant-based beverage giant to see a turnaround in 2023.
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Apr. 22—GLOUCESTER — A new lawsuit is accusing Gloucester-based Gorton's of misleading consumers by claiming its tilapia is "sustainably sourced" on packaging. In fact, the suit alleges, the ...
The lawsuit filed in a state court in New York City alleges that the company claimed it will achieve net zero greenhouse gas emissions by 2040 despite having no viable plan to meet that commitment.