Core Viewpoint - A class action lawsuit has been filed against Celsius Holdings, Inc. for allegedly misleading investors regarding its financial performance and sales practices during the specified Class Period from February 29, 2024, to September 4, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Celsius oversold inventory to PepsiCo, leading to a significant decline in future sales and misrepresenting its financial health [5]. - Defendants allegedly made false statements about Celsius' business metrics and financial prospects, which were not as strong as indicated [5]. - Investors are encouraged to join the class action to seek compensation without upfront costs through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors and has a strong track record in recovering funds for clients [4]. - Investors are advised to select qualified legal counsel with a proven history in similar cases to ensure effective representation [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by January 21, 2025, to represent the class in the lawsuit [1][3].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Celsius Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CELH