SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round 
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle 
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 
Trump Administration Probes Corporate DEI Programs, Raising Questions for Google Stock 
Royalty Pharma Stock Rises After Acquiring Full Evrysdi Royalty Rights from PTC Therapeutics 
Anghami Stock Soars After Strong H1 2025 Results, Revenue Nearly Doubles on OSN+ Integration 
Disney Agrees to $10 Million Settlement Over Child Privacy Violations on YouTube 
Lockheed Martin Secures Nearly $500 Million in U.S. and Allied Defense Contracts 
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital 
Lloyds Banking Group to Close Invoice Factoring Business by End of 2025 
Air China Orders 60 Airbus A320neo Jets in $9.5 Billion Deal as Airbus Strengthens Grip on China Market 
Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026 
Vanda Pharmaceuticals Wins FDA Approval for New Motion Sickness Drug After Four Decades 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro 
SAN FRANCISCO, Nov. 28, 2016 -- Hagens Berman Sobol Shapiro LLP reminds investors in National Beverage Corp. (NASDAQ:FIZZ) of the December 5, 2016 Lead Plaintiff deadline in the securities fraud lawsuit filed in the U.S. District Court for the Central District of California.
If you purchased or otherwise acquired securities of FIZZ between July 16, 2015 and September 28, 2016 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/FIZZ
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing [email protected].
On September 28, 2016, the price of FIZZ shares fell by over 8% on unusually heavy volume in response to a Glaucus Research Group report detailing its conclusion that FIZZ manipulated its earnings for years.
According to the Glaucus report, a former attorney and trusted advisor of FIZZ CEO Nick Caporella testified under oath that Caporella “admitted…that he manipulated earnings using a ‘little jewel box’ and by creating fake invoices.” There were many other disturbing items Glaucus included within its report. If true, they implicate potential accounting fraud and securities law violations.
“We’re evaluating the cited documents in the context of FIZZ’s historical financial results that it reported to investors,” said Hagens Berman partner Reed Kathrein. “Smoothing earnings and generating fake invoices are obviously violations of generally accepted accounting principles and the securities laws.”
Whistleblowers: Persons with non-public information regarding National Beverage Corp. should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. Read the Firm’s Securities Newsletter, and visit the blog. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact: Reed Kathrein, 510-725-3000
