Lawsuit Claims Coca-Cola Conceals Risks of Sugary Drinks (Tobacco Round 2?)
According to Reuters, last week the non-profit group, Praxis Project filed a lawsuit against Coca-Cola and the American Beverage Association for allegedly misleading consumers about the health risks from drinking sugary soda/juice. Praxis Project claimed the defendants minimize the health risks to increase their profits despite evidence connecting sugary drinks to obesity, diabetes and cardiovascular disease. This lawsuit asks the Court for an Order directing the defendant's to refrain from misleading the public and to require more consumer warnings to educate consumers.
As expected, Coca-Cola called this lawsuit frivolous and stated they are on "a journey to become a more credible and helpful partner in helping consumers manage their sugar consumption." They should start by talking with Warren Buffet. The American Heart Association recommends no more than nine teaspoons of sugar a day for men, six for women. Yet, a 16 ounce bottle of Coke has 12 teaspoons of added sugar. None of this concerns Warren Buffet whose Berkshire Hathaway is Coca-Cola's largest shareholder--Warren says he drinks at least five Cokes a day!
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