Student Sues Pepsi for $37M Pepsi Fighter Jet Lawsuit, The Wild Lawsuit That Changed Advertising Forever
Business student John Leonard sent PepsiCo a $700,008.50 check demanding a Harrier fighter jet after seeing it advertised in a 1996 commercial for 7 million Pepsi Points. Pepsi refused, leading to Leonard v. Pepsico, Inc.—a landmark contract law case that ruled advertisements are generally not binding offers. Judge Kimba Wood dismissed the lawsuit in 1999,…
