Posted: Jan 7, 2011 8:51 PM by Alison Haynes
NEW ORLEANS (AP) - A federal judge has dismissed a lawsuit against the Coca-Cola Company filed by great-grandchildren of the founder of Barq's root beer, who claimed to have an ownership stake in the company that Coca-Cola purchased in 1995.
U.S. District Judge Carl Barbier granted Coca-Cola's bid to dismiss the case in a judgment entered Friday.
The suit was filed by three great-grandchildren of the late Edward Charles Edmond Barq Sr., who started bottling and selling carbonated beverages in New Orleans' French Quarter more than a century ago.
Coca-Cola said the plaintiffs' father, Arthur Robinson, sold his interests in Barq's more than 30 years ago, long before the soft drink giant acquired the company from other relatives of Edward Barq.
The plaintiffs wanted to overturn Robinson's sale of his stake in Barq's, but Coca-Cola accused them of making an "unrepentant attempt ... to hit the jackpot through an otherwise bankrupt succession."
"Never once prior to his death did Arthur Robinson seek to annul, challenge or otherwise dispute the contracts at issue in this matter," Coca-Cola lawyers wrote in a court filing.
Coca-Cola spokesman Scott Williamson said the company is pleased with the ruling.
"As we said at the outset, we believed the suit was without merit, and the court clearly agreed," Williamson added.
Plaintiffs' attorney Andrew Kramer said they likely will ask the 5th U.S. Circuit Court of Appeals to review Barbier's ruling.