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Energy drink makers face NY state probe
Reuters on Yahoo ^ | 8/28/12 | Joseph Ax and Martinne Geller | Reuters

Posted on 08/28/2012 1:52:58 PM PDT by NormsRevenge

(Reuters) - The New York State Attorney General issued subpoenas in July to three firms that make energy drinks, including PepsiCo Inc, seeking information on the companies' marketing and advertising practices, a person familiar with the matter said on Tuesday.

Besides Pepsi, maker of AMP, Attorney General Eric Schneiderman also sent subpoenas to Monster Beverage Corp and Living Essentials LLC, maker of the 5-Hour Energy drink, said the source, who declined to be identified, citing lack of authorization to speak to the media.

A spokeswoman for Schneiderman declined to comment, as did PepsiCo.

Living Essentials also declined to comment beyond its July offering memorandum in which it said that it had recently received an inquiry from a state attorney general asking for documents relating to its product and marketing.

The company said in the memorandum, which was distributed in connection with a debt offering, that it was responding to the inquiry.

Monster also declined to comment beyond its August U.S. Securities and Exchange Commission where it stated that it had received a subpoena from an unspecified state attorney general. Coca-Cola and Dr Pepper Snapple, which make the NOS and Venom energy drinks respectively, said at the time that they did not receive subpoenas.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Culture/Society; Politics/Elections; US: New York
KEYWORDS: 5hour; energydrink; monster; newyork; pepsi; stateprobe
.. and then they came for the energy drinks .. and no one said anything..
1 posted on 08/28/2012 1:53:05 PM PDT by NormsRevenge
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To: NormsRevenge

2 posted on 08/28/2012 2:02:17 PM PDT by JoeProBono (A closed mouth gathers no feet - Mater tua caligas exercitus gerit ;-{)
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To: NormsRevenge

And the fascists go marching along


3 posted on 08/28/2012 2:12:59 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: MNJohnnie

>>And the fascists go marching along<<

They won’t be satisfied until they have shut down every legitimate business in NY.


4 posted on 08/28/2012 2:21:47 PM PDT by freedumb2003 (obozo could bring back literal slavery with chains and still he will get 97+% of the black vote)
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To: MNJohnnie
New Yorkers have been subjects of the state for so long that even a lot of those who claim to be conservatives up here don't find stuff like this terribly alarming.

Sigh.

5 posted on 08/28/2012 3:25:59 PM PDT by BfloGuy (Without economic freedom, no other form of freedom can have material meaning.)
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To: NormsRevenge

Well, I don’t like having to drink a Monster once in a while but I work swing shift and when I’m on night shift (6:30pm to 7:00am) seven days a week sometimes a little bit of energy drink is a lifesaver. Even after my shift is over I still have a 30 minute drive home. At the end of an 84 hour week the energy drink is sometimes the only thing keeping me upright.


6 posted on 08/28/2012 3:46:49 PM PDT by Melinda in TN
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To: MNJohnnie

Have you seen the “73% of doctors” 5-Hour Energy ad?

They deserve what they get.

The AG is not going after energy drinks, but the blatantly misleading ads.


7 posted on 08/28/2012 4:09:02 PM PDT by NY.SS-Bar9
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To: NY.SS-Bar9

“NY SS” well you got the 1st part of your sign on right.

Your fascist wanna be AG would be sueing the hell out of them if it were even remotely feasible.


8 posted on 08/28/2012 5:12:13 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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