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Note 9 - Legal Proceedings
12 Months Ended
May 02, 2020
Notes to Financial Statements  
Legal Matters and Contingencies [Text Block]

9.      LEGAL PROCEEDINGS

 

The Company has been named in certain legal proceedings, including those containing derivative and class action allegations.  One complaint alleges the Company’s LaCroix branded products contain synthetic ingredients and therefore violate state consumer protection statutes and other laws.  A similar consumer complaint was voluntarily dismissed during Fiscal 2020 along with a full written retraction of all claims by the plaintiff and counsel. The Company is vigorously defending all legal proceedings and believes litigation will not have a material adverse effect on the Company’s financial position, cash flows or results of operations.