What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
Wallaby Yogurts
July 2016: This case was stayed and administratively closed pending the outcome of cases in the Ninth Circuit Court of Appeals.
January 2016: The stay was lifted and the case was re-opened.
August 2015: The case was administratively closed.
November 2014: A federal judge suspended a class-action lawsuit filed against Wallaby Yogurt in 2013 over its allegedly deceptive use of the term “evaporated cane juice” as an ingredient in its organic low fat and non-fat blended yogurts. The action was suspended pending the FDA’s determination of when the term “evaporated cane juice” may be appropriately used. (Morgan et al v. Wallaby Yogurt Company, Inc., Case No. 13-cv-00296, N. D. CA.).
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