Levi & Korsinsky, LLP announces that an NBEVQ class action lawsuit has been filed on behalf of investors who purchased NewAge, Inc. (NBEVQ) securities between January 18, 2018, and October 18, 2022. For more on the NBEVQ Lawsuit please contact us today.

According to the NewAge lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (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 regular 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.

TO LEARN MORE ABOUT THE NBEVQ CLASS ACTION LAWSUIT, CLICK HERE

If you suffered a loss in NewAge 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.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com