Wow...Pepsi is in big trouble...thanks to a forgetful secretary...

[Hector]

In court papers, PepsiCo claims it first received a legal document related to the case from the North Carolina agent on Sept. 15 when a copy of a co-defendant's letter was forwarded to Deputy General Counsel Tom Tamoney in PepsiCo's law department. Tamoney's secretary, Kathy Henry, put the letter aside and didn't tell anyone about it because she was "so busy preparing for a board meeting," PepsiCo said in its Oct. 13 motion to vacate.

Price to PepsiCo for Not Being in Court: $1.26 Billion - Yahoo! Finance (http://finance.yahoo.com/news/Price-to-PepsiCo-for-Not-law-3214509113.html?x=0&.v=1)

:terror: :terror: :terror:

[saildog]

In court papers, PepsiCo claims it first received a legal document related to the case from the North Carolina agent on Sept. 15 when a copy of a co-defendant's letter was forwarded to Deputy General Counsel Tom Tamoney in PepsiCo's law department. Tamoney's secretary, Kathy Henry, put the letter aside and didn't tell anyone about it because she was "so busy preparing for a board meeting," PepsiCo said in its Oct. 13 motion to vacate.

Price to PepsiCo for Not Being in Court: $1.26 Billion - Yahoo! Finance (http://finance.yahoo.com/news/Price-to-PepsiCo-for-Not-law-3214509113.html?x=0&.v=1)

:terror: :terror: :terror:


In seeking to dismiss the case, PepsiCo argues that the statute of limitations should preclude the lawsuit, brought 15 years after the company started selling Aquafina and more than two decades after the alleged confidential talks.

And for a product (water) that covers roughly 70% of the area of the Earth and makes up 45-75% of a human body (depending on age, sex, and body fat (or lack of)).

[Hector]

:smiley1:

[toys2cool]

wow! I doubt they'll have to pay it though, they'll come up with something

[fallensaviour]

:smiley1:

I was thinking the exact same thing... :smiley1:

Somebody is loosing their job over this one I'm sure. :terror:

[vulcan2074]

COKE Rules :beaming1:
Sammy

[Meule]

OUCH :shocked2:

[SlipperyLilSuckers]

Gosh. How would you feel if you were her?

[goldenryan]

did you know the main ingredient is pepsi is the same main ingredient in antifreeze. any guesses?











water

[AAAAA]

scapegoat
its BS

[VintageMike]

COKE Rules :beaming1:
Sammy

Especially CHERRY Coke!

[Adam West]

I don't believe the story.

When serious lawsuits reach this level, one letter doesn't go out to a secretary. Many letters are sent to the lawyers.

I have a suspicion there is more to this story.

[saildog]

So many times the "amazing story" hits and then you don't hear anything about it. Well, I had a little time and decided to follow up on this story and found the ruling has been vacated.


Judge scraps $1.26 billion judgment against Pepsi

By Bruce Vielmetti of the Journal Sentinel

Posted: Nov. 6, 2009

If two Wisconsin men's idea about bottled water was really worth $1.26 billion, now they'll have to prove it.

A Jefferson County judge Friday vacated an earlier default judgment in that amount she had granted to the two men against PepsiCo. The company said it had not responded to the April lawsuit until October because of a secretary's "human error."

Judge scraps $1.26 billion judgment against Pepsi - JSOnline (http://www.jsonline.com/business/69437027.html)

I find it funny how the follow up stories never make the "splash" of the initial reporting, unless the story gets bigger.