Tag Archives: energy

Calling All Energy Drinkers!

Wings not included!

Contrary to popular belief, Red Bull does not actually give you wings. “The energy drink company recently agreed to pay consumers more than $13 million to settle a proposed U.S. class-action suit accusing the beverage maker of false advertising”. Anyone who purchased one can of Red Bull between January 1, 2002 and October 3, 2014 is entitled to $10 cash, or $15 in Red Bull products. There is no proof of purchase required to be included in the settlement. Final court approval of the proposed payouts is set to be decided May 1, 2015.  Read More

200 Electric Car Quick Charging Stations to Be Built in California

the future?

It’s always interesting to see what an entity does with its settlement money, whether required to or not.  The recent $25 billion federal mortgage settlement, although recommended to be used for debt relief and foreclosure fraud investigation, has been earmarked by states for a variety of purposes.  Most notably, the state of Georgia is using their slice of the pie to boost local infrastructure projects, arguing that the settlement includes no legally binding provisions for the money’s use and paving the way for other states to do the same.  Companies also pop up in the news sometimes for funneling settlement money into investment funds or, more commonly and in the interest of good press, towards charity, as is the case when Gordon Ramsay donated $66,000 USD after skipping out on a charity function. Continue reading →