What is the Controversy about Dean Foods ?
In 2003 two shareholders filed lawsuits against Dean Foods and Horizon Organic Holding Corp. alleging that Dean paid too little in their agreement to acquire the company. The lawsuits, which seek class-action status, also allege neither company met their legal obligation to satisfy the interests of the Horizon Organic shareholders. Executives at Dean Foods said the lawsuits were without merit. Dean Foods settled with the shareholders in May 2007.
On May 12, 2008 Cornucopia filed another complaint with the USDA declaring that Dea ...more