Defendant Name:
National Beverage Corp.
Defendant Type:
Public Company
SIC Code:
2086
CUSIP:
63501710
Document Reference:
34-92560
Document Details
Legal Case Name
In the Matter of National Beverage Corp.
Document Name
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
Document Date
04-Aug-2021
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$481,920.00
Shared: