Ex-PepsiCo exec who claimed he invented Flamin' Hot Cheetos loses defamation lawsuit against snack giant
1. PepsiCo won a lawsuit dismissal from former exec Montanez. 2. Montanez claimed defamation over Flamin' Hot Cheetos invention. 3. Judge ruled PepsiCo did not act with malice in Montanez's claims. 4. The Flamin' Hot Cheetos brand is a multibillion-dollar success. 5. Montanez faced reduced speaking engagements post-rejection of his story.