Federal District Court Dismissed Case and Awarded Costs to the Company
DALLAS, March 27, 2012 /PRNewswire/ — Dean Foods Company (NYSE: DF) today announced the United States District Court for the Eastern District of Tennessee in the previously disclosed Tennessee Retailer Action has entered a judgment ordering that the Action be dismissed in its entirety, that plaintiffs recover nothing from the Company or other defendants, and that the Company and other defendants recover costs from the plaintiffs. The judgment, which remains subject to appeal, follows an order of the Court granting the Company’s motion for summary judgment on the two claims still remaining in the case. In a prior order filed on August 4, 2010, the Court had granted the Company’s motion for summary judgment on the other three claims in the plaintiffs’ complaint. The Company also recently received preliminary court approval of the settlement of the Tennessee Dairy Farmer Action brought before the same Court.
ABOUT DEAN FOODS
Dean Foods is a leading food and beverage company in the United States and a European leader in branded plant-based foods and beverages. The Company’s Fresh Dairy Direct segment is one of the nation’s largest processors and direct-to-store distributors of fluid milk marketed under more than 50 local and regional dairy brands and private labels. Fresh Dairy Direct also distributes ice cream, cultured products, juices, teas, bottled water and other products. The WhiteWave-Alpro segment produces and sells an array of branded dairy, plant-based food and beverages, and coffee creamers. WhiteWave brands – including Silk®, Horizon Organic®, International Delight®, and LAND O’LAKES® – are category leaders and consumer favorites. Alpro is the pan-European leader in branded soy food and beverage products with the Alpro® soya and Provamel® brands. Morningstar Foods is a leading warehouse delivery dairy business that produces and sells traditional and specialty items, including cultured dairy products, ice cream mixes, coffee creamers, aerosol whipped toppings, traditional and value-added milks, and blended iced beverages to retailers and foodservice providers nationwide. For more information, visit www.deanfoods.com.
CONTACT: Corporate Communications, Liliana Esposito, +1-214-721-7766; or Investor Relations, Barry Sievert, +1-214-303-3438
SOURCE Dean Foods Company