San Diego, CA -- (SBWIRE) -- 10/07/2016 -- An investigation on behalf of investors of National Beverage Corp. (NASDAQ:FIZZ) shares over potential securities laws violations by National Beverage was announced.

Investors who purchased shares of National Beverage Corp. (NASDAQ:FIZZ), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by National Beverage regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Shares of National Beverage Corp. (NASDAQ:FIZZ) grew from $20.48 per share in May 2015 to as high as $62.81 per share in June 2016.

On September 27, 2016 a report was published that alleges, among other allegations, that: the Company's former CEO and Chairman admitted to "manipulating FIZZ's earnings…[and] directing his son to create fake invoices"; the Company refused to allow a potential acquirer to perform adequate due diligence on the Company, thus leading to the failure of the transaction; and that the Company's officers are "compensated by a privately held company" that disallows shareholder visibility.

Shares of National Beverage Corp. (NASDAQ:FIZZ) declined to as low as $39.14 per share on September 28, 2016.

On October 4, 2016, NASDAQ:FIZZ shares closed at $44.60 per share.

Those who purchased shares of National Beverage Corp. have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com