Coca-Cola Likely to Settle Race Suit Before Shareholder Meeting
Atlanta, March 25 (Bloomberg) -- Coca-Cola Co. will likely
settle a racial-discrimination lawsuit before its annual meeting
next month to avoid a potentially damaging trial, investors, legal
experts and a former employee said.
Most lawsuits of this type are settled out of court, said
Charles Silver, a law professor at the University of Texas. Coca-
Cola also needs to avoid another public-relations black-eye, after
it caused a health scare in Europe last summer and said it will
fire 6,000 workers this year, investors said.
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