Eagle eyes over at Eater LA spotted a legal ad in the LAT that summarized the settlement of a lawsuit against the locally-based chain. The suit alleged that Pinkberry is not frozen yogurt - nor is it healthy, all-natural and non-fat. You might recall a minor to-do with the state Department of Food & Agriculture over the ingredients not conforming to what is classified as frozen yogurt. Anyway, the company has agreed to pay $750,000 to the Los Angeles Regional Food Bank and Paras Los Ninos, plus attorney's fees of $250,000 and $5,000 to the woman who filed suit. Now we get to know what actually goes into a dish of Pinkberry. It's one of those be-careful-what-you-wish-for deals - propylene glycol esters, guar gum, Yellow 5 Lake, monodiglycerides, sodium citrate, sodium acid pyrophosphate, magnesium oxide, lactoglyceride... Last fall, Starbucks founder Howard Schultz invested $27.5 million in Pinkberry through his venture capital firm. It's the first outside investment in the firm.
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