July 12, 2021
A Florida federal judge Monday tossed a proposed fraud class action brought against the maker of LaCroix sparkling water, saying the investor who brought the suit can't show he was injured by purportedly misleading sales metrics statements and that he is not an adequate class representative.
September 28, 2020
A National Beverage Corp. investor who claims the LaCroix maker issued misleading statements about its sales metrics, drawing scrutiny from regulators and leading to a drop in stock price, has asked a Florida federal judge to grant class certification after the Eleventh Circuit revived the case.
August 29, 2019
National Beverage Corp. dodged securities claims on Thursday related to sexual harassment allegations faced by its top executive and accusations that its flagship product, LaCroix, is not as "all natural" as it purports.
September 18, 2018
An investor claiming National Beverage Corp. misrepresented its financial situation and ethics, causing its stock price to tumble when a U.S. Securities and Exchange Commission investigation and harassment allegations against its top executive came to light, has asked a Florida federal court to appoint Pomerantz LLP and Holzer & Holzer LLC as co-lead counsel.
July 17, 2018
National Beverage Corp., the manufacturer of LaCroix sparkling water and other brands, was hit with a putative stock-drop class action in Florida federal court on Tuesday relating to the firm's alleged hyping of bogus analytics numbers and the sexual harassment allegations against its top executive.