On Monday, the U.S. Supreme Court declined to review the court ruling that upheld the FTC decision, which found POM and its owners had misled consumers in advertising their products.

By a unanimous decision, the Supreme Court ruled that POM Wonderful's lawsuit against the Coca-Cola Co. may go on. The repercussions of the case for the food and beverage industry are unclear.

A California jury sided Monday with Coca-Cola Co. KO -0.31% in a false-advertising lawsuit lodged by Pom Wonderful LLC, which alleged Coke had misled consumers by marketing a pomegranate juice ...