National Beverage Corp. Disputes Inaccurate Wall Street Journal Article
July 03 2018 - 9:36PM
Business Wire
National Beverage Corp. (NASDAQ: FIZZ) released the following
statement:
National Beverage Corp. and Nick Caporella completely and
unequivocally deny the allegations recited in today’s Wall Street
Journal.
“There is no truth to any of the allegations and nothing
remotely akin to the alleged events occurred,” the Company stated.
“The allegations, which were lifted from employment-related
lawsuits filed by two former associates, are contrary to the
statements of many others who have known and flown with Mr.
Caporella for decades. The Journal reporter chose to recklessly
disregard documentary evidence that refuted the allegations that
were the subject of the report.”
Samuel Hathorn, chairman of the Company’s Audit Committee,
stated, “The Board is aware of the allegations and knows them to be
untrue, based on our knowledge of Mr. Caporella and the
investigation that was conducted.”
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National Beverage Corp.Grace Keene, 877-NBC-FIZZOffice of the
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