Business Wire | Aug 6, 2021 10:50PM EDT

NATIONAL BEVERAGE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of National Beverage Corp. - FIZZ

Aug. 07, 2021

NEW ORLEANS--(BUSINESS WIRE)--Aug. 07, 2021--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into National Beverage Corp. (NasdaqGS: FIZZ).

On August 4, 2021, the U.S. Securities and Exchange Commission announced a $481,000 fine and cease-and-desist order levied against the Company for failing to disclose benefits received by the Company's CEO from 2016 to 2020 consisting of regular use of a company-owned aircraft to take personal domestic and foreign trips.

KSF's investigation is focusing on whether National Beverage's officers and/or directors breached their fiduciary duties to National Beverage's shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of National Beverage shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-fizz/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients - including public institutional investors, hedge funds, money managers and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210806005519/en/

CONTACT: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850