Post Profile

The maker of La Croix soft drinks crashed after a short seller accused it of cooking the books (FIZZ)

National Beverage Corp., the maker of the popular sparkling water drink La Croix, is tanking after a short seller released a report on the company. Glaucus Research, a short-selling researcher, claimed that National Beverage's CEO had admitted to an attorney that he was manipulating the stock price by creating false invoices for the firm. Glaucus said it has an unredacted testimony from the attorney, David Mursten, that shows CEO Nick Caporella admitted to cooking the books.
read more


Related Posts

DWRF Report: 'Microbial Health Risks of Regulated Drinking Water in the United States'

Utilities / Water : WaterWired

Jack C. West, CEO of the Drinking Water Research Foundation, a nonprofit founded in 1984 by several members of the bottled water and point-of-use filter industries, notifed me of the recent DWRF publication, Microbial Health Risks o...

2014 Forbes China 30 Under 30: Look Out, Green Mountain Coffee

Business & Finance : China Wealth

Leo Chen Age?29 Founder and CEO Company: iTaste Industry: Food and Beverage City: Shanghai Website: Chen is the founder and CEO of iTaste, a Chinese-style provider of single-serve beverage machines for coffee and t...

Asian Drink Tastes To Shift From Carbonated Beverages, Challenging Coke

Business & Finance : China Wealth

Asia’s ready-to-drink beverage market will see a tilt toward teas and traditional flavors and away from carbonated beverages associated with older brands such as Coke, the CEO of one of the region’s most successful companies says in...

Sports Drinks, Energy Drinks... Philadelphia Soda Tax Won't Only Tax Sodas, Says Sparkling Ice CEO

Business & Finance : Forbes: Business

Do you like flavored water? Energy drinks? Sports drinks? They're pretty much all going to be taxed in Philadelphia. The question is: Is your city next?

How A Former Diet Coke Addict Made A Big Splash Selling Healthy Water

Business & Finance : Fast Company

Kara Goldin and her husband, Theo, built a $30 million beverage business, Hint Water. But their greatest feat? Lessons for their four kids. Kara Goldin, CEO of the healthy, fruit-flavored water company Hint Water (slogan: drink wate...


Copyright © 2016 Regator, LLC