Two Brothers Attempt the Impossible: Sue Budweiser for 'Weak Beer' (BUD)
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Seems like a long-running joke: Suing Budweiser for "weak beer." But, at least two consumers are taking the punchline seriously.
Thomas and Gerald Greenberg filed a lawsuit against AB InBev (NYSE: BUD) in a federal court in Philadelphia on Monday. The two say that AB InBev regularly adds water to its beverages, ending up with an alcohol content that is "significantly" lower than what's on the labels. The suit lists Michelob Ultra, Bud Ice, Bud Light Platinum, Michelob, Natural Ice, King Cobra, Busch Ice, Black Crown, Bud Light Lime, and Hurricane High Gravity Lager.
The Greenbergs -- who purchase "at least four cases of Budweiser a month," according to Bloomberg and the complaint that was filed -- say AB InBev initially keeps the level of alcohol in said beverages above specifications for the final product, then add CO2 and water during the final stage. The complaint states that AB InBev uses Anton Paar meters, which allow for higher precision of measurements and potentially allow the company to shave off a few points of the alcohol measure.
Shares of AB InBev are down 0.2 percent Tuesday.
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Thomas and Gerald Greenberg filed a lawsuit against AB InBev (NYSE: BUD) in a federal court in Philadelphia on Monday. The two say that AB InBev regularly adds water to its beverages, ending up with an alcohol content that is "significantly" lower than what's on the labels. The suit lists Michelob Ultra, Bud Ice, Bud Light Platinum, Michelob, Natural Ice, King Cobra, Busch Ice, Black Crown, Bud Light Lime, and Hurricane High Gravity Lager.
The Greenbergs -- who purchase "at least four cases of Budweiser a month," according to Bloomberg and the complaint that was filed -- say AB InBev initially keeps the level of alcohol in said beverages above specifications for the final product, then add CO2 and water during the final stage. The complaint states that AB InBev uses Anton Paar meters, which allow for higher precision of measurements and potentially allow the company to shave off a few points of the alcohol measure.
Shares of AB InBev are down 0.2 percent Tuesday.
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