Curated News
By: NewsRamp Editorial Staff
December 31, 2024
Securities Class Action Lawsuit Filed Against Celsius Holdings, Inc. by Kessler Topaz Meltzer & Check, LLP
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- Celsius investors can seek lead plaintiff status by January 21, 2025, through Kessler Topaz Meltzer & Check, LLP for potential recovery.
- The lawsuit alleges Celsius Holdings oversold inventory to Pepsi, leading to a sales decline and misleading financial performance statements.
- Kessler Topaz Meltzer & Check, LLP aims to protect investors from fraud by prosecuting class actions to recover losses and ensure accountability.
- Investors can sign up with Kessler Topaz Meltzer & Check, LLP for the case against Celsius Holdings to stay informed and potentially seek recovery.
Impact - Why it Matters
This news is important for investors who have purchased Celsius Holdings, Inc. stock during the specified period as it highlights alleged misconduct by the company. The lawsuit aims to hold Celsius accountable for misleading statements and protect investors from potential financial losses.
Summary
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 during a specific period. The complaint alleges that Celsius oversold inventory to Pepsi, leading to a decline in sales and misleading financial statements. Investors have until January 21, 2025, to seek lead plaintiff status through the law firm.
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
