The lawsuit filed in 2017 and updated last year is finally making it into mainstream media, prompting the stock market reaction.
Don Lee Farms supplied Beyond Meat, but the long-term contract was cancelled and Don Lee sued.
Beyond Meat has countered that some of the supplies failed to meet its standards and it cancelled the contract after many warnings. It has claimed that some was contaminated with salmonella.
Don Lee has countered that Beyond Meat “doctored” a food safety report and hid some of the information.
It also claims Beyond Meat shared confidential information about processes for making the products with other manufacturers.
A judge has ordered Beyond Meat to put up some money, ruling that Don Lee’s lawsuit is likely to succeed. The courts have yet to issue decisions on the lawsuits and countersuits.
