Celsius Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before January 21, 2025 to Discuss Your Rights - CELH

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Celsius Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and insider trading activities that inflated the stock price [1][2]. Group 1: Allegations and Impact - The complaint alleges that Celsius Holdings deceived investors about its business prospects and artificially inflated its stock price [2]. - It is claimed that certain officers and insiders sold over 21.6 million shares at inflated prices, generating more than $1.4 billion in proceeds [2]. - As a result, shareholders purchased Celsius stock at inflated prices and suffered damages when the true facts were revealed [2]. Group 2: Class Action Details - The class period for the lawsuit is from February 29, 2024, to September 4, 2024 [2]. - Shareholders are encouraged to register for the class action by January 21, 2025, to participate in potential recovery [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is dedicated to protecting investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [4]. - The firm aims to recover losses for investors affected by misleading statements that led to stock price inflation [4].