San Diego, CA -- (SBWIRE) -- 07/25/2018 -- An investor, who purchased shares of National Beverage Corp. (NASDAQ: FIZZ), filed a lawsuit over alleged Securities Laws violations by National Beverage Corp. (NASDAQ: FIZZ in connection with certain allegedly false and misleading statements.

Investors who purchased shares of National Beverage Corp. (NASDAQ: FIZZ) have certain options and for certain investors are short and strict deadlines running. Deadline: September 17, 2018. NASDAQ: FIZZ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that between July 17, 2014 and July 3, 2018, the Defendants made false and/or misleading statements and/or failed to disclose that National Beverage's sales claims and the supposed underlying "proprietary techniques" lacked a verifiable basis, that National Beverage's Chairman and Chief Executive Officer ("CEO"), Defendant Nick A. Caporella ("Caporella"), engaged in a pattern of sexual misconduct between 2014 and 2016, and that as a result, National Beverage's public statements were materially false and misleading at all relevant times.

On May 4, 2017, National Beverage Corp, the maker of LaCroix sparkling water, issued a press release stating that it "employs methods that no other company does in this area—VPO (velocity per outlet) and VPC (velocity per capita)." National Beverage Corp asserted that it "utilize[s] two proprietary techniques to magnify these measure and this creates growth never before thought possible."

On May 5, 2017, National Beverage Corp issued a second press release, stating that "[o]ur impressive VPO calculator . . . is flashing solid green numbers as we bring FY2017 to a close."

On June 26, 2018, an article was published entitled "The SEC Has Had Its Own Questions About LaCroix", reporting that National Beverage Corp had "declined to provide" the U.S. Securities and Exchange Commission ("SEC") "with requested sales figures to clarify [National Beverage's] sales claims", following a letter request from the SEC in January 2018.

Shares of National Beverage Corp. (NASDAQ: FIZZ) declined on June 27, 2018 to a slow as 95.68 per share.

Those who purchased shares of National Beverage Corp. (NASDAQ: FIZZ) 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