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Contact Levi & Korsinsky by January 21, 2025 Deadline to Join Class Action Against Celsius Holdings, Inc.(CELH)
CELHCelsius(CELH) Prnewswire·2025-01-07 10:45

Lawsuit Overview - A class action securities lawsuit has been filed against Celsius Holdings Inc (NASDAQ: CELH) on behalf of investors who suffered losses between February 29, 2024, and September 4, 2024 [1] - The lawsuit alleges securities fraud during this period [1] Allegations - Defendants are accused of making false statements and/or concealing information about Celsius' business prospects [2] - The company allegedly deceived the investing public, artificially inflating the market price of Celsius common stock [2] - Certain officers, directors, and insiders reportedly sold over 21.6 million personally held shares at artificially inflated prices, generating more than $1.4 billion in proceeds [2] - Plaintiffs and class members allegedly purchased Celsius common stock at inflated prices and suffered damages when the true facts were revealed [2] Legal Process - Investors who suffered losses during the relevant period have until January 21, 2025, to request appointment as lead plaintiff [3] - Class members may be entitled to compensation without incurring out-of-pocket costs or fees [3] Law Firm Background - Levi & Korsinsky, LLP has 20 years of experience in securities litigation [4] - The firm has secured hundreds of millions of dollars for aggrieved shareholders [4] - Levi & Korsinsky has been ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4] - The firm employs over 70 professionals and specializes in complex securities litigation [4]