Courtesy of Benzinga.
Dean Foods Company (NYSE: DF) yesterday announced the United States District Court for the Eastern District of Tennessee in the previously disclosed Tennessee Retailer Action has entered a judgment ordering that the Action be dismissed in its entirety, that plaintiffs recover nothing from the Company or other defendants, and that the Company and other defendants recover costs from the plaintiffs.
The judgment, which remains subject to appeal, follows an order of the Court granting the Company’s motion for summary judgment on the two claims still remaining in the case. In a prior order filed on August 4, 2010, the Court had granted the Company’s motion for summary judgment on the other three claims in the plaintiffs’ complaint. The Company also recently received preliminary court approval of the settlement of the Tennessee Dairy Farmer Action brought before the same Court.
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