Monster Beverage Corp.,
MNST -8.32% a U.S. maker of energy drinks, disclosed Thursday that it received a subpoena from an unnamed state attorney general in July as part of an investigation into its flagship product.
The probe involves the "advertising, marketing, promotion, ingredients, usage and sale" of the Monster Energy drink brand, the Corona, Calif.-based company reported in a regulatory filing with the Securities and Exchange Commission.
"As the investigation is in an early stage, it is unknown what, if any, action the state attorney general may take against the Company, the relief which may be sought in the event of any such proceeding or whether such proceeding could have a material adverse effect on the Company's business, financial condition or results of operations," Monster added in its Form 10-Q quarterly report.
A company spokeswoman declined to comment beyond the filing, which didn't disclose the name of the state attorney general.