National Beverage craters after a new lawsuit alleges a plan to lie about chemicals in LaCroix cans

Business Insider | 6/11/2019 | Carmen Reinicke
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National Beverage Corp. shares slid on the news that a lawsuit has been filed against its beverage company LaCroix.

The lawsuit claims the president of National Beverage planned to prematurely state LaCroix cans were BPA free. National Beverage denied the claims.

Lawsuit - LaCroix - Company

This is the second lawsuit filed against LaCroix that has damaged the company.

Watch National Beverage trade live.

Lawsuit - LaCroix - Fizz - Stock

Another lawsuit filed against LaCroix is taking the fizz out of its stock.

Shares of National Beverage Corp., the parent company of LaCroix, fell more than 10% Tuesday after a new lawsuit alleged that the president of National Beverage planned to falsely state that LaCroix's cans were free of Bisphenol A, the toxic chemical commonly known as BPA.

Suit - Thursday - Passaic - Superior - Court

The suit, filed Thursday in Passaic Superior Court, claims that Albert Dejewski, a former LaCroix executive, was wrongly fired after he wrote an email to National Beverage President Joseph Caporella raising objections to the company's plan to announce that its cans were BPA free. National Beverage deined the claims in a statement to Business...
(Excerpt) Read more at: Business Insider
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