Company Website:
http://www.nationalbeverage.com
FORT LAUDERDALE, Fla. -- (Business Wire)
National Beverage Corp. (NASDAQ: FIZZ) is the leading innovator in the
soft-drink industry today in its quest to influence a healthier choice
for all consumers. National Beverage Corp. today released the following
statement:
The Board of Directors has authorized management to retain defamation
counsel to advise the Company on its legal options with regard to the
July 3, 2018 article published by the Wall Street Journal and will
notice the Journal’s counsel about this false and misleading “report”
immediately.
As set forth in our July 3 press release, National Beverage believes
that the article improperly portrays unsubstantiated allegations that
were contained in employment-related lawsuits as facts, and disregarded
documents and other evidence which clearly refute the allegations. This
biased and sensationalized “reporting”, which was reposted by numerous
other media organizations, has the potential to cause economic and
reputational harm.
Mr. Caporella is a well-known entrepreneur and philanthropist. His
honors include recipient of the prestigious Horatio Alger Award;
recipient of the Columbus Citizens Foundation’s Outstanding
Italian-American in Business and Industry (sharing this honor with New
York Governor Mario Cuomo and succeeding Lee Iacocca) and recipient of
the Florida Region Entrepreneur of the Year by Arthur Young/Inc.
Magazine. He has been inducted into the Institute of American
Entrepreneurs; is a Member of the Professional Advisory Board of St.
Jude Children’s Research Hospital; and is a recognized donor to the St.
Jude Children’s Research Hospital, The City of Hope, The Cleveland
Clinic, Washington University, Barnes Jewish Hospital, MD Anderson
Cancer Center and other organizations committed to research and
treatment of life-threatening disease.
Board Member Cecil D. Conlee stated “I have known Nick for over 40 years
and I find these allegations to be incredulous.”
FIZZ IS – HEALTHY SPARKLING, ALL-WAYS!
National Beverage’s iconic brands are the genuine essence . . . of
America
“Patriotism” – If Only We Could Bottle It!
View source version on businesswire.com: https://www.businesswire.com/news/home/20180705005274/en/
Contacts:
National Beverage Corp.
Grace Keene, 877-NBC-FIZZ
Office of
the Chairman
Source: National Beverage Corp.
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