CELH Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Celsius Holdings, Inc.

Core Viewpoint - A securities 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 [5]. Group 1: Allegations Against Celsius - The lawsuit claims that Celsius materially oversold inventory to Pepsi, exceeding demand, which led to a significant reduction in future sales as Pepsi would decrease its purchases [8]. - It is alleged that Celsius' sales rate to Pepsi was unsustainable, creating a false impression of the company's financial health [8]. - The complaint asserts that Celsius' business metrics and financial outlook were not as strong as represented by the company's statements during the Class Period [8]. Group 2: Legal Process and Investor Participation - Investors who suffered losses can seek to be appointed as lead plaintiffs by January 21, 2025, or remain absent class members [2]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [2]. - Kessler Topaz Meltzer & Check, LLP is encouraging affected investors to contact them for more information regarding the lawsuit [9].