ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC is investigating whether National Beverage Corp. (“National Beverage” or the “Company”) (NASDAQ: FIZZ) complied with the federal securities laws. On May 4, 2017, National Beverage, the maker of LaCroix, issued a press release stating that it “utilize[d] two proprietary techniques” to “create growth never before thought possible.” The Company further claimed in its release that “no other company” employed these techniques.
On June 26, 2018, the Wall Street Journal reported that, in January 2018, the Securities and Exchange Commission (“SEC”) requested that National Beverage provide sales figures to “clarify [the Company’s] sales claims,” but that the Company failed to provide the SEC with the requested information. The price of National Beverage stock fell significantly following the report.
If you purchased National Beverage common stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at firstname.lastname@example.org or Alexandria P. Rankin, Esq. at email@example.com, or call the firm by toll-free telephone at (888) 508-6832.
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