National Beverage Corp. (FIZZ) Issues Statement in Response to Yesterday's 'False and Defamatory' Report

September 29, 2016 2:44 PM EDT
Get Alerts FIZZ Hot Sheet
Trade FIZZ Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

National Beverage Corp. (NASDAQ: FIZZ) today issued the following statement in response to yesterday’s false and defamatory “research report.”

Chairman and CEO, Nick A. Caporella, stated that, “I would again caution fellow shareholders about reacting to the many false statements made yesterday and I assure all parties that the financial prospects of the Company are just as fundamentally strong today as the day before this self-serving attack by short sellers.”

An egregious attempt was made to manipulate the Company’s common stock value by Glaucus Research Group through information that was adjudicated and found to be without merit both at the trial court and on appeal. All of this was done in violation of a protective order, confidentiality and non-disclosure agreements.

Our long-term investors who have been knowledgeable of the Company’s outstanding performance must be informed as to these recent circumstances and, to be as transparent as possible, we have created a website for this purpose. Information can soon be accessed at

Terrorizing campaigns through whatever means necessary is the motivation of ‘short interest’ manipulations. Those efforts are doomed to fail in the face of our outstanding performance.

National Beverage Corp.

Grace Keene, 877-NBC-FIZZ

Office of the Chairman

Source: National Beverage Corp.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments, Short Sales

Add Your Comment