NEW YORK, Oct. 03, 2016 (GLOBE NEWSWIRE) -- Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into National Beverage Corp. (“National Beverage” or the “Company”) to determine whether the Officers and Directors of National Beverage have breached their fiduciary duties owed to National Beverage and its shareholders. National Beverage investors are encouraged to go to: http://www.scott-scott.com/cases/investigations/securities-fraud-litigation-2997-national-beverage-corp.html. You can also contact Joseph Halloran at (646) 582-0121, or email jhalloran@scott-scott.com for information.
National Beverage develops, produces, markets, and sells a portfolio of flavored beverage products primarily in North America. National Beverage offers beverages geared to the active and health-conscious consumers, including sparkling waters under the LaCroix, LaCroix Cúrate, LaCroix NiCola, and Shasta brand names.
On September 28, 2016, Glaucus Research reported, among other things, that former National Beverage CEO and Chairman admitted to "manipulating earnings” and instructing his son to “create fake invoices.” On this news, the price of Company shares declined over 8% on September 28, 2016.
WHAT YOU CAN DO
If you are a long-term National Beverage shareholder, you may have legal claims against the Company. If you have questions about your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121, or at jhalloran@scott-scott.com.
ABOUT SCOTT+SCOTT, ATTORNEYS AT LAW, LLP
Scott+Scott has significant experience prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm has offices in New York, London, Connecticut, California, and Ohio. Please visit www.scott-scott.com for more information about the firm.