Deadline in Lawsuit for Investors who Lost over $100,000 in shares of Celsius Holdings, Inc. (NASDAQ: CELH) announced by Shareholders Foundation

Core Viewpoint - A lawsuit has been filed against Celsius Holdings, Inc. by an investor, alleging that the company made false and misleading statements regarding its sales performance and inventory management, particularly in relation to its partnership with PepsiCo, Inc. [2] Group 1: Lawsuit Details - The lawsuit claims that Celsius materially oversold inventory to Pepsi far beyond demand, leading to a significant sales decline as Pepsi would reduce its purchases [2] - The plaintiff argues that Celsius' sales rate to Pepsi was unsustainable, creating a misleading impression of the company's financial health [2] - The lawsuit highlights that statements made by Celsius between February 29, 2024, and September 4, 2024, regarding its financial outlook were false and misleading [2] Group 2: Investor Information - Investors who purchased more than $100,000 in Celsius shares are urged to contact the Shareholders Foundation due to an upcoming deadline for participation in the lawsuit [1] - The deadline for investors to act is January 21, 2025 [1]