Monster Beverage shares down more

(Reuters) Monster Beverage Corp shares sank more than 10 percent for a second straight day on Tuesday canada goose clearance sale as investors expressed concern over potential legal and regulatory fallout from a lawsuit and investigations into five deaths to see if they are linked to the company namesake energy drink.

Fourteen year old Anais Fournier is seen in this undated family handout photo taken canada goose coats on sale in canada goose factory sale Hagerstown, Maryland. Monster Energy drink is being sued by the family of Fournier, who uk canada goose outlet died after drinking two cans Canada Goose Parka of Monster cheap canada goose jackets Energy drink in a 24 hour period. Food and Drug Administration said on Monday that it was looking into the deaths, and Monster is being sued by the family of a 14 year old Maryland girl with a heart disorder who died after drinking two cans of cheap canada goose uk Monster Energy drink in a 24 hour period.

Goldman Sachs removed Monster Beverage Corp from its conviction buy list, buy canada goose jacket cheap though it said it did not believe the ultimate legal outcome would be onerous.

Gabelli Co analyst Damian Witkowski Canada Goose Coats On Sale said there could be more disclosures cheap Canada Goose on Monster cans or changes to how it markets its products, but he said this should not hurt business too canada goose uk black friday much. He said he did not think people would stop drinking canada goose clearance it because it contains caffeine, adding who drink it already know that.

Still, Witkowski said the issue is likely to weigh on Canada Goose sale the stock until it is resolved. don like uncertainty.

Citigroup analyst Wendy Nicholson lowered her price target on the stock and said the argument for a takeover had

Monster said in a statement on Tuesday that it was by the untimely passing of Anais Fournier. But, it said, it canada goose does not buy canada goose jacket believe that its products were in any way responsible for her death, and it intends to vigorously defend the lawsuit.

of billions of energy drinks have been sold and safely consumed cagooseclearance worldwide for approximately 25 years, including more than 8 billion cans of Monster Energy that have been sold and safely consumed in the United States and around the world since 2002, Monster canada goose uk outlet said in the statement.

Two cans of Monster Energy drink are pictured in this photo illustration shot in Los Angeles October 22,2012. REUTERS/Fred Prouser

company monitors consumer communications it receives, is unaware of canada goose black friday sale any fatality anywhere that has been caused by its products, and has never before been the subject of any lawsuit Canada Goose Jackets of this nature.

CHANGES POSSIBLE Senator Richard Blumenthal, a Democrat from Connecticut, said increased regulatory action could follow the investigations.

William Marler, a plaintiff side food liability attorney, said that if only a Canada Goose online very small population was ever harmed, the company would have a canada goose coats strong defense that it did not know the risks and could not be held liable for failure to warn consumers, even if the family lawyers could prove the drink played a role in her death.

According to canada goose uk shop the lawsuit brought by Fournier family, the autopsy showed that her death had been caused by heart rhythm irregularity triggered by caffeine toxicity that put extra stress uk canada goose on Canada Goose Online her heart valves, which had been damaged by a condition called Ehlers Danlos syndrome.

Attorneys for the girl family did not respond to calls for comment.

Monster shares closed down 10.2 at $41.08 on Tuesday. Its shares fell more than 14 canadian goose jacket percent on Monday

The case in Superior Court of the State of California, County of Riverside is Wendy Crossland and Richard Fournier, individually and as surviving parents of Anais Fournier vs. Monster Beverage Corporation, 1215551.

Reporting by Dan Levine in San Francisco and Siddharth Cavale in Bangalore; Additional reporting by Karen Freifeld in New York; Editing canada goose store by Sreejiraj Eluvangal Canada Goose Outlet.