ET 13:30

Treasury Wine Estates Subsidiary Resolves RNDC Lawsuit (TWGL -0.5%)

IMP2.0
SNT-1.0
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Macro

Treasury Wine Estates (TWGL) announced on February 10, 2026, that its U.S. subsidiary reached a settlement with the Retail Nutrition and Drug Counseling (RNDC) group, resolving allegations of unfair competition. The terms of the settlement were not disclosed, but the company noted the matter will no longer impact its operations. The stock closed 0.5% lower on the news, reflecting market concern over the resolution's implications for the wine and spirits sector.

EditorThomas Ho