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Stock impact report

Nestle's Perrier water doesn't meet French, US standards, lawsuit claims [Reuters]

NESTLE S.A S/ADR (NSRGY) 
NASDAQ:AMEX Investor Relations: nestle.com/investors
Company Research Source: Reuters
French spring it comes from is contaminated and must be treated and filtered, violating French and U.S. regulations governing mineral water. Kevin O'Rourke filed a proposed class action , opens new tab against Nestle in New York federal court, claiming it was misleading customers by selling Perrier as a mineral water when the company knew the naturally carbonated underground spring in Vergeze, France, where it comes from contains bacteria and pollutants. The filtration and treatment that the water requires means it no longer qualifies as natural mineral water under either U.S. or French rules, the lawsuit claimed. Representatives for Nestle did not immediately respond to requests for comment. In a statement on the company's website, Nestle said its mineral water products are safe to drink but said in the interest of food safety “practices at some of our waters production sites may not be in line with the applicable regulatory framework.” It said that all water production at its Show less Read more
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