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Instacart Shareholders Claim It Overstated Growth Potential In Class Action Suits
Instacart is facing a pair of lawsuits from disgruntled shareholders seeking to recover damages for losses incurred after the online shopping platform allegedly knowingly exaggerated its growth prospects.
Dirty Dough’s ‘Post-War’ Era Begins With New CEO, More Mobile Franchises
Having survived the “Utah Cookie Wars,” Dirty Dough is now focusing its efforts on growing its mobile franchising business and raising capital with a newly-appointed CEO at the helm.
How to Keep Your Intellectual Property Under Control
How do you keep your intellectual property — processes, patents, recipes, designs and trademarks under your control? And how should you deal with the inevitable attacks from competitors, both established and copycats, as you grow? Seasoned CPG attorney Allison Roseman Hagey will take founders through some of the key legal touchpoints surrounding brand and product IP.
Additional Content
Albertsons: WA Supreme Court Clears Way For $4B Dividend
The Washington State Supreme Court has cleared the way for Albertsons to pay out a $4 billion shareholder dividend after it sided with a lower court trial judge in declining the state attorney general’s request to appeal an injunction on Tuesday.
Study Sparks Debate Over Heavy Metals in Dark Chocolate
Both organic and conventional chocolate makers came under fire when a Consumer Reports study found potentially hazardous levels of lead and cadmium in 28 dark chocolate products. The issue became more complex when Trader Joe’s and Hershey’s, were served with class action lawsuits.
News Roundup: Pickle Wars, Low-Carbon Beef
Grillo’s is taking Wahlburgers to court over pickles, a data company unveils its cattle carbon credits at the CES Convention, Jenny Craig launches a ready-made, meal delivery platform and precision fermentation company Liberation Labs closes seed funding round.
Albertsons: D.C. Circuit Refuses To Pause Special Dividend
A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.
Motif Files Four Petitions Against Impossible Heme Patents
Motif FoodWorks announced today it has filed four petitions with the U.S. Patent and Trademark Office to challenge aspects of Impossible Foods’ claim to heme-protein ingredients used in plant-based meat.
Albertsons Dividend Payment Restrained Amid State AGs Litigation
Albertsons is working to overturn a temporary restraining order (TRO) “as quickly as possible,” in order to unshackle its ability to divvy up $4 million in special cash dividend payments to shareholders, previously set to be paid on Monday, November 7.
Beyond Meat v. Don Lee: All Claims Dismissed As Settlement Reached
Five years since Don Lee Farms first sued Beyond Meat, four months since it alleged “something is really wrong” at the alt-meat brand, and three days into the trial proceedings, the plant-based meat brand and its former co-manufacturer have reached a settlement.
Legal Roundup: KIND Cleared in ‘All-Natural’ Class Action; Kashi Sued For Pear-Filled Strawberry Bars
In this roundup: KIND is cleared in ‘All-Natural” class action suit, Kashi sued for misleading consumers with pear-filled, strawberry-flavored bars, Kellogg’s served for not putting enough whole grains in crackers and Sabra sued to remove its Kosher mark.
In the Courtroom: Kellogg’s Controversy Over Veggie Claims Continues; Dunkin’ And Beyond Meat Hit With Infringement Suit
In this courtroom roundup: Kellogg’s fight against misleading veggie claims returns, Beyond Meat and Dunkin’ sued by Philadelphia plant-based meat company over trademark infringement, Motif challenges Impossible’s heme-tech patent and more.
Judge Rejects Whole Foods’ Claim That $15 Million Breach of Contract Suit Is Invalid
AtlantaFresh Artisan Creamery’s case against Whole Foods Market is moving forward after U.S. District Judge Thomas W. Thrash denied Whole Foods’ motion to throw out a $15 million breach of contract lawsuit. The case alleges the natural grocery chain prematurely and ‘abruptly’ broke a seven-year distribution contract with grass-fed dairy producer AtlantaFresh Artisan Creamery and caused the business to go under.