NewAge, Inc. Class Action Lawsuit - NBEVQ

Company
NewAge, Inc. (OTCMKTS: NBEVQ)
Lead Plaintiff Deadline
February 6, 2023 (Expired)
Class Period
January 18, 2018 - October 18, 2022

Expired

Lead Plaintiff Deadline

Feb 6, 2023

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Allegations

(1) the Company and defendants had no relationship with the military or FamilyMart; (2) the Company and defendants overstated the business agreements that they did have; (3) the Company and defendants never produced or sold a proprietary CBD beverage; (4) the Company lacked adequate internal controls; (5) as a result the Company had a heightened risk of regularly scrutiny and ultimately subject to an SEC investigation and action; and (6) as a result of the foregoing, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Eligibility

In order to be eligible to join the NBEVQ class action lawsuit, you must have incurred a loss on shares of NewAge purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in NewAge during the relevant time frame or pursuant to the relevant offering(s), you have until February 6, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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