Poppi Faces Class-Action Lawsuit Over Misleading Gut Health Claims, Soda Maker Calls Allegations Unfounded
Portfolio Pulse from Benzinga Neuro
Poppi is facing a class-action lawsuit for allegedly misleading consumers about the health benefits of its prebiotic soda. The lawsuit claims that the prebiotic content in Poppi's drinks is insufficient for the advertised health benefits. Poppi has denied the allegations and plans to defend itself. The lawsuit comes amid a growing market for functional beverages. Coca-Cola was previously rumored to be interested in acquiring Poppi.

June 05, 2024 | 4:16 am
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Coca-Cola was previously rumored to be interested in acquiring Poppi, which is now facing a class-action lawsuit over misleading health claims. This legal issue could impact Coca-Cola's acquisition interest.
The lawsuit against Poppi could affect Coca-Cola's acquisition interest, but since the acquisition was only a rumor, the direct impact on Coca-Cola's stock price is uncertain.
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