CATrends: ‘Daily Fantasy Sports’
Lawsuits throw the red flag on a number of DFS platforms.
In 2011, a class action was filed against Vita Coco for misrepresenting the health benefits and nutritional content of its coconut water. The lawsuit claimed that Vita Coco coconut water did not contain the electrolyte levels indicated on its labels. (Fishbein v. All Market, Inc. d/b/a Vita Coco, Case No. 11-civ-5580 (JPO), S.D.N.Y.)
Update: A settlement was reached in April 2012 in which Vita Coco denied any wrongdoing but agreed to provide up to $25 cash or $36 in product vouchers to customers who purchased the coconut water between August 10, 2007 and final approval of the settlement by the court. For information about the settlement, go to www.vitacocosettlement.com.
Lawsuits throw the red flag on a number of DFS platforms.
This is not a sitewide perk.
These players dropped the ball in their recent offseason announcements.
Refunds for consumers duped into signing up for “VIP” memberships.
Rosewater ingredient claims wilt upon a closer look.