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US: Monster Corp pays US$16m to settle shareholder lawsuit - report

2014-04-22 16:53:00| Daily beverage news and comment - from just-drinks.com

Monster Beverage Corp has agreed to pay-out US$16.3m to settle a long-running shareholders' class action that accused the company of overstating the benefits of a distribution deal with Anheuser-Busch in the US, according to reports.

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