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Investors in Celsius Holdings, Inc. Should Contact The Gross Law Firm Before January 21, 2025 to Discuss Your Rights - CELH
CelsiusCelsius(US:CELH) Prnewswireยท2024-12-26 10:45

Core Viewpoint - The Gross Law Firm is initiating a class action lawsuit against Celsius Holdings, Inc. for allegedly misleading investors and inflating stock prices during a specified class period [1][4]. Group 1: Allegations - The complaint claims that Celsius Holdings issued materially false and misleading statements about its business prospects [4]. - It is alleged that the company artificially inflated its stock price, allowing insiders to sell over 21.6 million shares at inflated prices, resulting in proceeds exceeding $1.4 billion [4]. - Investors are said to have suffered damages as the true facts about Celsius were revealed, leading to purchases at artificially inflated prices [4]. Group 2: Class Action Details - Shareholders who purchased shares of CELH during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [2]. - The deadline for shareholders to register for the class action is January 21, 2025, and there is no cost or obligation to participate [3][5].