Funny Business

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Busy Secretary Cost PepsiCo Over $1B
According to The National Law Journal, Kathy Henry, a secretary for PepsiCo, received a document related to a lawsuit on September 15, 2009. She put the letter aside because she was "so busy preparing for a board meeting" and didn't tell anyone about it for several weeks.

Unfortunately, for PepsiCo, the lawsuit was against them and those several weeks that the document sat on Ms. Henry's desk may cost them a whopping $1.26 billion. All because they failed to show up to court on time.

Charles Joyce and James Voigt sued the soft drink maker this September, alleging that PepsiCo used their idea to bottle and sell purified water to market Aquafina.

PepsiCo argues that there should be a statute of limitations since they pitched this idea to them in 1981 -- that's over 2 decades ago! Ah, the irony.

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Oct 29th 2009 12:21PM

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