Investor Fails To Plead Misstatements In Stock-Drop Suit Against Beverage Maker

Mealey's (December 7, 2022, 1:55 PM EST) -- NEW YORK — Dismissal of shareholder claims against an alcoholic drink maker and three of its senior executives is necessary because the alleged misrepresentations cited by the lead plaintiff were forward-looking or inactionable statements of opinion, a federal judge in New York ruled....