Monster shares fall after lawsuit regarding girl's death

Reuters

Monster Beverage Corp shares fell 10 percent on Monday after news that it is being sued by the family of a 14-year-old teenager who died after drinking two cans of its Monster Energy drink.

The family of teenager Anais Fournier filed a lawsuit on Friday against Monster for failing to warn about the product's dangers.

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According to the suit, filed in California Superior Court in Riverside, Fournier died Dec. 23, 2011 from "caffeine toxicity" after drinking two 24-ounce cans of Monster Energy on consecutive days.

A spokeswoman for Monster was not immediately available to comment.

Monster shares fell 10.2 percent, to $47.87 on the Nasdaq in afternoon trade following media reports about the lawsuit.

(Reporting By Martinne Geller in New York; Editing by Gerald E. McCormick)