Curated News
By: NewsRamp Editorial Staff
January 04, 2025
Investor Alert: Securities Fraud Lawsuit Against Celsius Holdings, Inc.
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- Lead plaintiff deadline for Celsius Holdings, Inc. securities lawsuit is January 21, 2025, offering opportunity for affected investors.
- Celsius Holdings, Inc. faces securities class action lawsuit for alleged misconduct related to overselling inventory and misleading financial statements.
- Kessler Topaz Meltzer & Check, LLP aims to protect investors from fraud, seeking justice and recovery for victims of corporate misconduct.
- Celsius Holdings, Inc. lawsuit reveals alleged misconduct and misleading financial statements, impacting investors and highlighting corporate accountability.
Impact - Why it Matters
This news highlights the importance of transparency and accurate financial reporting in the corporate world. Investors should be cautious of misleading statements and conduct thorough due diligence before making investment decisions. The outcome of this lawsuit could have significant implications for Celsius Holdings, Inc. and its shareholders.
Summary
A securities class action lawsuit has been filed against Celsius Holdings, Inc. by the law firm of Kessler Topaz Meltzer & Check, LLP on behalf of investors who purchased Celsius common stock between February 29, 2024, and September 4, 2024. The lawsuit alleges that Celsius oversold inventory to Pepsi, leading to a decline in sales and misleading financial statements. Investors have until January 21, 2025, to participate in the lead plaintiff process.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Investor Alert: Securities Fraud Lawsuit Against Celsius Holdings, Inc.
