THE VIRGINIAN-PILOT
Copyright (c) 1996, Landmark Communications, Inc.
DATE: Friday, March 1, 1996 TAG: 9603010452
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
TYPE: Briefs
LENGTH: Short : 35 lines
Vanguard Investments, the nation's second-largest mutual fund company, said it mailed incorrect tax-preparation information to its 5 million-plus customers. Customers who follow Vanguard's instructions would wind up under-paying their taxes, and would be required to file an amended return to the Internal Revenue Service, Vanguard said. Bloomberg Woman sues Coca-Cola over juice in apple drink \0 A New York woman claims Coca-Cola's Minute Maid apple drink isn't 100 percent juice - as advertised - and has filed suit against the Atlanta-based soft drink giant. The complaint, which seeks class-action status for all Minute Maid apple juice consumers since February 1990, could cost Coca-Cola undisclosed millions if successful. The lawsuit alleges that Minute Maid appleO juice is actually 90 percent juice and 10 percent sugar water. Coca-Cola admitted as much in a lawsuit it filed in Tampa last week against six apple juice concentrate suppliers. In that complaint, Coca-Cola alleges it unwittingly purchased diluted concentrate. The Food and Drug Administration launched an investigation Monday into the watered-down Minute Maid product and other apple juice brands. (Cox News Service)
KEYWORDS: LAWSUIT by CNB