Curated News
By: NewsRamp Editorial Staff
January 02, 2025
Securities Class Action Lawsuit Filed Against Celsius Holdings, Inc. by Kessler Topaz Meltzer & Check, LLP
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- Lead plaintiff deadline is January 21, 2025, for securities class action lawsuit against Celsius Holdings, Inc. (NASDAQ: CELH).
- Defendants allegedly oversold inventory to Pepsi, leading to financial decline and misleading statements during the Class Period.
- Kessler Topaz Meltzer & Check, LLP aims to protect investors from fraud and recover billions for victims of corporate misconduct.
- Celsius investors have until January 21, 2025, to seek lead plaintiff status and potentially share in any recovery.
Impact - Why it Matters
This news matters as it highlights alleged misconduct by Celsius Holdings, Inc. and the potential impact on investors who purchased the company's stock during the specified period. Investors who suffered losses are encouraged to take action by the lead plaintiff deadline on January 21, 2025.
Summary
The law firm of Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Celsius Holdings, Inc. on behalf of investors who purchased Celsius common stock between February 29, 2024, and September 4, 2024. The complaint alleges that Celsius oversold inventory to Pepsi, leading to a decline in sales and misleading financial performance statements.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Securities Class Action Lawsuit Filed Against Celsius Holdings, Inc. by Kessler Topaz Meltzer & Check, LLP
