June 17, 2021

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Blue Diamond’s $2.6M Offer In excess of Vanilla Will get Court’s Alright

Regulation360 (Could 18, 2021, 2:04 PM EDT) — A New York federal judge has provided the go-forward to a $2.6 million settlement to finish statements that Blue Diamond Growers misleads shoppers by saying its almond milk yogurt is flavored with vanilla, acquiring the offer is inside of the variety of fairness and adequacy.

In an purchase submitted Monday, U.S. District Decide Cathy Seibel granted preliminary approval to the deal, which was to start with attained in April and would see Blue Diamond established $2 million for promises paid to course members.

The deal also retains that Blue Diamond will not oppose up to $550,000 in lawyer fees and costs and $3,571.42 to each…

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