Defendant Name: National Beverage Corp.

Defendant Type: Public Company
SIC Code: 2086
CUSIP: 63501710

Initial Case Details

Legal Case Name In the Matter of National Beverage Corp.
First Document Date 04-Aug-2021
Initial Filing Format Administrative Action
File Number 3-20451
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-15
• Sec 14(a)
• Rule 14a-3
• Rule 14a-9

Resolutions

First Resolution Date 04-Aug-2021

Related Documents:

34-92560 04-Aug-2021 Administrative Proceeding
Order Instituting Cease-And-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, Imposing a Cease-and-Desist Order
The Commission stated: "From fiscal years 2016 through 2020, NBC did not adequately evaluate and disclose certain executive perquisites in its annual proxy statements related to the authorized but undisclosed use of an aircraft (the “Aircraft”) by the Chief Executive Officer (“CEO”) that was not integrally and directly related to his job duties."
34-92560-s 04-Aug-2021 Administrative Summary
SEC Charges Beverage Company for Failing to Disclose Executive Perquisites
The SEC "announced settled charges against publicly-traded National Beverage Corp. for failing to adequately evaluate and disclose in its annual proxy statements certain executive perquisites related to the use of an aircraft by its Chief Executive Officer."