In documents posted to its investor relations website after business hours on Friday, Beyond Meat stressed this is not a class-action style settlement, so individual shareholders will not be able to get money from it. Don Lee was once a co-manufacturer for Beyond Meat, and sued the plant-based meat company in California Superior Court after its contract was terminated in 2017. The lawsuit was filed in Los Angeles County in May 2017, after Beyond Meat ended its relationship with Don Lee Farms, which was also in the plant-based meat business. However, the rulings in favor of Don Lee don't look promising for Beyond Meat, which still relies on co-packers for its Beyond Burgers, sausages and grounds. The suits allege Beyond Meat Inc., which sells plant-based meat-substitute products, miscalculates and overstates the protein content in its foods and misleads consumers about the nutritional benefits, compared to traditional meat products. This study from Harvard found that men consuming the equivalent of one cup of soy milk per day had 50% lower sperm count than men who did not consume soy. A September 2019 study revealed a 46% increased risk of developing type 1 diabetes in children up to 18 months with a diet rich in gluten Hormones are messengers that act within your brain as well as between your brain and your body. Food & Beverage Insider is part of the Informa Markets Division of Informa PLC. If that isnt enough to weird you out, I dont know what is. (Iowa Southern District Court Documents) By Paige Carlson September 13, 2022. All rights reserved. And this one found the same thing. Topics covered: manufacturing, packaging, new products, R&D, and much more. And it bled into another lawsuit filed by Beyond Meat shareholders, though that was settled in April. Maybe the lawsuit wins and Beyond Meat has to change it's packaging a bit and pay some money. Please log in again. According to the complaint, this testing shows that Beyond Meat has inflated its protein claims by upwards of 30% and has "caused misbranded goods to be sold throughout the supply chain.". In a written statement, a Beyond Meat spokesperson said, The allegations in the filing lack merit and we are prepared to vigorously fight this in court., The lawsuit opens by quoting the headline of an October Forbes story that spoke to an analyst who was concerned about Beyond Meats quarterly earnings: Something is really wrong at Beyond Meat., Beyond Meats problems are many, but they trace to one root cause: the companys tendency to over-promise and under-deliver, then scramble for excuses, the lawsuit continues. Ready to eat at a moments notice. It says more research needs to be done on the color additive that makes the plant-based meat bleed. The lawsuit could potentially restore Beyond Meat's market edge despite Impossible's planned 20% price cut, which was announced . The additive, soy leghemoglobin, creates the "bleeding" effect in the plant-based meat alternative but is made of genetically engineered yeast. ET, five facilities for making and processing, $92 million in net revenues in its most recent quarter, Beyond Meat Stock Is in Big Trouble as Fake Meat CFO Faces Fraud Suit. As manufacturers, suppliers, wholesalers, distributors, and/or retailers, Defendant tested, or should have tested, the Products prior to sale, the lawsuit asserted. To get all the latest grocery store and food news delivered right to your email inbox every day, sign up for our newsletter! There is plenty of parking space directly accessible from Ft Harrison. Cancer Risk, Explained. EL SEGUNDO, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Beyond Meat, Inc., a leader in plant-based meat, and the American Cancer Society (ACS), today announced a multi-year agreement to advance . This latest set of rulings in the sprawling case in California Superior Court are putting a damper on what has been a good start to Beyond Meat's year, which already has seen product improvements, expanded partnershipsand supplier agreements. Beyond Meat and its founder, Ethan Brown, continue to fight lawsuits on multiple fronts in defense of their product line. Don Lee Farms' corporate parent Goodman Food Products sent several samples of Beyond Meat's Beefy Crumbles and Burgers to third-party testing lab Element Materials Technology for a detailed analysis. Don Lee Farms Cramps are sudden and prolonged muscle contractions, and when it happens youll know it because severe pain ensues. Ethan Brown founded the company in 2009 with the stated mission of combating climate change. The suit, filed in the Central District of California, claims that Beyond Meat overstates the protein value of its products by up to 30% and has falsely represented that its products are free from "synthetic" ingredients. day, 2022 Galvanized Media. Less Zs Equals More LBs. Impossible Foods puts health and safety first, and we meet or exceed all pertinent food-safety regulations. However, Don Lee's lawyers claim Beyond gave the company an altered copy of a food safety audit, which led to the fraud charges. Fans of canola oil love to tout the omega-3 to omega-6 ratio, but it's still a lot of omega-6. Beyond Meat then countersued, alleging that Don Lee breached its supply agreement by failing to address serious food safety concerns. | 11 a.m. See That was on top of a 4% reduction in its workforce it announced in August. (Related: Grocery Shortages To Expect in 2021, According to Experts. . Theres nothing normal or natural about a plant-based product being designed to bleed. "For example, Defendants Beyond Beef Plant-Based Ground 16oz Patties, which is labeled as '20G Per Serving' and '40% DV' for protein, actually contains 19G Per Serving by nitrogen testing, and 7% DV for protein," the complaint states. The new lawsuit accuses Beyond of unfair competition through misleading . document.addEventListener( 'DOMContentLoaded', function() { While it's getting to be more accepted in the mainstream with wide availability and a variety of brands at grocery stores and foodservice, its former meteoric growth is slowing. Are genes controllable? Let Food Dive's free newsletter keep you informed, straight from your inbox. June 22, 2022 at 2:18 pm I concur! advice every day. These effects may result from carrageenan-induced inflammation. if( navigator.sendBeacon ) { The complaint quotes Ethan Brown as stating that Beyond Meats "commitment to all natural" is at the very "core of [their] company," but goes on to allege that "Beyond Meats Beyond Burgers contain methylcellulose" an ingredient that the scientific literature recognizes "does not occur naturally and is synthetically produced. A new lawsuit filed by the Center for Food Safety (CFS) claims that a color additive used to make Impossible meat look more like real beef could be harmful to human health. The first casea 46-page complaint dated May 31, originating in Illinoisclaimed Beyond Meat overstates the protein content of its products. Further, dysplastic nodular lesions were detected in some cases within the fibrotic liver parenchyma. I took a look at the ingredients and heres my honest review! 2:2 2-cv-03751 filed June 2, 2022, in the US district court, central district of California. Soy leghemoglobin also has "no history or knowledge of human dietary exposure." Whats wrong with some grains and seeds? The latest suit is a proposed consumer class action filed at the end of . Pew Charitable Trusts has stated the FDA has no data of 1,000 or more ingredients utilized in foods due to companies ability to self-affirm their safety. . Farmers grow them on thousands of acres of land doused with pesticides. However, the requirement can ensure investors that the company will be governed more independently in the future. Don Lee further alleged that Beyond Meat shared with subsequent co-manufacturers the processes for manufacturing Beyond Meat products (processes which Don Lee claims to have developed although Beyond Meat says it had come up with the processes itself, years before Don Lee started using them - something the judge has recently accepted). That's a lot of omega-6, which causes inflammation. Some "protein alternatives" manufactured by Beyond Meat, Inc., have been found to contain less protein than the company claims. Get the free daily newsletter read by industry experts. These findings are suggestive of an estrogenic stimulus from the isoflavones genistein and daidzein contained in soy protein isolate.. The lead complaint, filed in September, alleges that a method of testing a product's protein content through an interaction with a nitrogen compound reveals some Beyond Meat products contain less protein than what is required to be shown on a label. Get the free daily newsletter read by industry experts. The suit, filed in the Central . According to the complaint, proteins are not equal in their ability to meet human nutritional needs. A neurotoxin. Plant-based, alt proteins, precision fermentation When Beyond Meat (NASDAQ:BYND) went public last year, investors went wild. History Founding. FDAs update for new Human Foods Program falls short of industry expectations, Aloha, Terviva team to launch plant-based protein bar featuring much-anticipated, ultra-sustainable Ponova oil, Bioreactors for meat: Ever After Foods overcomes scaling challenge for cultivated meat players, Aleph Farms seeks to be first halal-certified cultivated meat firm as it touts Singapore and Israel steak launch, Do Super Bowl ads spur consumer demand? Scientific research has linked frequent consumption of red meat to heart disease and cancer. Impossible has worked closely with the FDA, the nation's food-safety guardian, and has shared both extensive test data and commercial plans with the government body. Beyond Meat, Inc. is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. Sunscreen Cancer Lawsuits. A new federal lawsuit was filed June 2 against Beyond Meat and its CEO Ethan Brown alleging false advertising and unfair competition. March 1, 2023. 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