Jochims v. Oatly Group AB et al

Track this case

Case Number:

1:21-cv-06360

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Alvin K. Hellerstein

Firms

  1. February 16, 2024

    Oat Milk Co. Settles Greenwashing Investor Suit For $9.25M

    Investors suing Swedish alternative milk manufacturer Oatly asked a New York federal judge Friday to preliminarily approve a $9.25 million deal to settle claims that the company pitched its business as more environmentally friendly than it is.

  2. January 01, 2024

    Retail Cases To Watch In 2024

    A wide variety of cases are likely to keep retail industry attorneys busy in 2024, including high-profile antitrust actions against Amazon and Google, a growing number of greenwashing disputes, and skirmishes between major retailers and their increasingly unionized workforces.

  3. June 02, 2023

    Oat Milk Co. Avoids Investors' Greenwashing Suit, For Now

    A New York federal judge threw out a putative securities class action accusing Swedish alternative milk manufacturer Oatly of pitching its businessĀ as more environmentally friendly than it is, saying the investors can amend their complaint but urging them to avoid "mere puffery."

  4. April 11, 2022

    Oat Milk Co. Wants Out Of Investors' 'Greenwashing' Suit

    Swedish oat milk maker Oatly said its efforts to increase its production capacity were "hampered by global supply chain constraints" because of the global coronavirus pandemic, in a memo asking a Manhattan federal judge to dismiss shareholder allegations about "improprieties" in the company's public disclosures.

  5. July 27, 2021

    Oat Milk Co. Investor Sues Over $1.4B IPO 'Greenwashing'

    An investor in Swedish oat milk maker Oatly has launched a proposed class action against the company in New York federal court, claiming it hurt investors after a short-seller accused the company of "greenwashing" months after its $1.4 billion initial public offering.