NEW INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against National Beverage Corp. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 28, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of National Beverage Corp. (“National Beverage” or the “Company”) (NASDAQ: FIZZ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. National Beverage issues a press release on May 4, 2018, claiming that it, “employs methods that no other company does in this area—VPO (velocity per outlet) and VPC (velocity per capita).” The press release also claimed the Company, “utilize[s] two proprietary techniques to magnify these measures and this creates growth never before thought possible.” National Beverage issued a second press release the next day which claimed, “[o]ur impressive VPO calculator . . . is flashing solid green numbers as we bring FY2017 to a close.” The Wall Street Journal published an article on June 26, 2018, titled “The SEC Has Had Its Own Questions About LaCroix,” which reported that National Beverage “declined to provide” the SEC with information requested by the agency “with requested figures to clarify [National Beverage’s] sales claims,” which the SEC sought in a letter to the Company in January. Based on this report, shares in National Beverage fell significantly during intraday trading on June 27, 2018.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.

SOURCE: The Schall Law Firm

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