Celsius Holdings, Inc. Sued for Securities Law Violations - Investors Should 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 allegations of misleading statements and insider trading that artificially inflated the company's stock price [1][2]. Allegations - The complaint alleges that Celsius Holdings deceived investors about its business prospects and artificially inflated its stock price [2]. - Certain officers, directors, and insiders sold over 21.6 million shares of Celsius common stock at inflated prices, generating more than $1.4 billion in proceeds [2]. - As a result, shareholders purchased stock at inflated prices and suffered damages when the true facts about the company were revealed [2]. Class Action Details - The class period for the allegations is from February 29, 2024, to September 4, 2024 [5]. - The deadline for shareholders to seek lead plaintiff status is January 21, 2025 [3][5]. - Shareholders are encouraged to register for the class action to receive updates and monitor the case [3][4]. Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5].