Market Overview

Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of National Beverage Corp. Investors


National securities litigation law firm Glancy
Prongay & Murray LLP
("GPM") announces that a class action
lawsuit has been filed on behalf of investors that purchased National
Beverage Corp. ("National Beverage" or the "Company") (NASDAQ: FIZZ)
between July 17, 2014, and July 3, 2018, inclusive (the
"Class Period"). National Beverage investors have until September
17, 2018
to file a lead plaintiff motion.

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

Investors that suffered losses on their National Beverage investments
are encouraged to contact Lesley Portnoy of GPM to discuss their legal
rights in this class action at 310-201-9150 or by email to

On May 4, 2017, National Beverage 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 further
stated that it "utilizes two proprietary techniques to magnify these
measure and this creates growth never before thought possible." On May
5, 2017, National Beverage issued a second press release, asserting that
"our impressive VPO calculator . . . is flashing solid green numbers as
we bring FY2017 to a close." Then on June 26, 2018, the Wall Street
Journal published an article reporting that National Beverage 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.
On this news, National Beverage had a two day drop of $15.06, or nearly
13%, to close at $100.19 on June 27, 2018, thereby injuring investors.

The Complaint alleges that throughout the Class Period, Defendants made
materially false and misleading statements regarding the Company's
business, operational and compliance policies. Specifically, Defendants
made false and/or misleading statements and/or failed to disclose that:
(i) National Beverage's sales claims and the supposed underlying
"proprietary techniques" lacked a verifiable basis; (ii) 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 (iii) as a result, National Beverage's public
statements were materially false and misleading at all relevant times.

Follow us for updates on Twitter:

If you purchased shares of National Beverage during the Class Period you
may move the Court no later than September 17, 2018 to ask
the Court to appoint you as lead plaintiff. To be a member of the Class
you need not take any action at this time; you may retain counsel of
your choice or take no action and remain an absent member of the Class.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, of
GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067
at 310-201-9150, Toll-Free at 888-773-9224, by email to,
or visit our website at
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

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

View Comments and Join the Discussion!