Fournier and intends to vigorously defend the lawsuit,” Pondel says in the statement. You are contributing to debate and discussion, and helping to make this website a more open place.“Monster does not believe that its products are in any way responsible for the death of Ms.
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We will not publish: Comments written that are poorly spelled or are written in caps or which use strange formatting to get noticed.We screen for comments that seek to spread information that is false or misleading.We will not publish comments that are profane, libelous, racist, or engage in personal attacks.Preference is given to commenters who use real names.Please be advised:Ĭomments are moderated and will not appear on site until they have been reviewed.Ĭomments are not open on some news articles Bell Media reserves the right to choose commenting availability. Bell Media reviews every comment submitted, and reserves the right to approve comments and edit for brevity and clarity. And in September, Senators Dick Durbin, D-Ill., and Richard Blumenthal, D-Conn., asked the FDA to take another look at the effect that caffeine and other ingredients in energy drinks have on children and adolescents. In August, New York state Attorney General Eric Schneiderman issued subpoenas to energy drink makers, including Monster, as part of the state's investigation of the industry. The levels of caffeine in the drinks have raised worries: Although the FDA caps the amount of caffeine in soda to 0.02 per cent, there is no such limit for energy drinks. The increase in popularity has brought heightened scrutiny. But on news of the FDA investigation, Monster's shares plunged $7.59, or 14.2 per cent, to close at $45.73 in trading on Monday. In the past two years, Monster's shares have more than tripled, from about $22 and hit a high of about $79 in June. Investors have warmed up to the drinks as well. Coca-Cola and PepsiCo are far smaller players in the arena, with about 5 per cent each. Last year, Monster had a 35 per cent share of the energy-drink market based on volume, while Red Bull had 30 per cent and Rockstar had 19 per cent, according to Beverage Digest. Monster has benefited the most from the increase. But at a time when soda consumption is declining, energy drinks are becoming more popular: Last year, sales volume for energy drinks rose by nearly 17 per cent. Energy drinks are a tiny part of the carbonated soft drink market, representing about 3 per cent of sales volume, according to a recent report by industry tracker Beverage Digest. Monster is among a growing group of energy drinks on the market.
The company, based in Corona, Calif., did not immediately respond to calls seeking comment on Monday, but said last week that it is "unaware of any fatality anywhere that has been caused by its drinks." Monster Beverage Corp., which touts on its web site that the Monster Energy Drink is a "killer energy brew" and "the meanest energy supplement on the planet," puts labels on cans that state that the drinks are not recommended for children and people who are sensitive to caffeine. But the child's parents claim Monster failed to warn about the risks of drinking its products. An autopsy concluded that she died of cardiac arrhythmia due to caffeine toxicity and the medical examiner also found that she had an inherited disorder that can weaken blood vessels. News of the FDA's investigation follows a filing last week of a wrongful death suit in Riverside, Calif., by the parents of a 14-year-old girl who died after drinking two, 24-ounce Monster Energy Drinks in 24 hours. "As with any reports of a death or injury the agency receives, we take them very seriously and investigate diligently," Shelly Burgess, a FDA spokeswoman, said in a statement. The reports claim that people had adverse reactions after they consumed Monster Energy Drink, which comes in 24-ounce cans and contains 240 milligrams of caffeine, or seven times the amount of the caffeine in a 12-ounce cola.Īlthough the FDA is investigating the allegations, which date back to 2004, the agency said the reports don't necessarily prove that the drinks caused the deaths or injuries. Food and Drug Administration is investigating. The highly caffeinated Monster Energy Drink has been cited in five deaths and one non-fatal heart attack, according to reports that the U.S.
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