Diageo calls tequila purity allegation 'baseless' as US lawsuit proceeds
1. Diageo Contesting allegations about tequila purity, calling lawsuit baseless.
FAQ
Why Neutral?
While the lawsuit might create some short-term uncertainty, similar cases have occurred without significant financial damage.
How important is it?
The lawsuit could raise concerns among consumers and investors, impacting brand perception but not operations.
Why Short Term?
Initial legal disputes often generate temporary stock volatility but may not affect long-term fundamentals.