NY investigating energy drink industry, targeting 5-Hour Energy, Monster, AMP
According to the Associated Press, subpoenas were issued this summer to the makers of 5-Hour Energy, AMP and Monster energy drinks.
Published Tuesday, August 28, 2012 4:56PM EDT
ALBANY, N.Y. -- New York officials are investigating marketing and health claims made by several energy drink makers.
A person familiar with the inquiry, speaking on condition of anonymity because the investigation hasn't yet been made public, says New York state Attorney General Eric Schneiderman issued subpoenas this summer to the makers of 5-Hour Energy, AMP and Monster energy drinks.
Earlier this month, Monster Beverage Corp. disclosed in a Securities and Exchange Commission filing that an attorney general had sent it a subpoena. The firm didn't reveal which state it was, but the person familiar with the inquiry said it was New York.
The person says subpoenas also were sent to PepsiCo Inc., which makes AMP drinks, and Living Essentials LLC, which makes 5-Hour Energy.
Company officials and Schneiderman declined to comment Tuesday.