CELH Stock News – Lead Plaintiff Deadline Approaching – Robbins LLP Urges Investors with Large Losses to Seek Counsel in the Celsius Holdings, Inc. Class Action

Core Viewpoint - A class action has been filed against Celsius Holdings, Inc. for allegedly misleading investors about its business prospects during the specified class period from February 29, 2024, to September 4, 2024 [1][2]. Allegations - Celsius reportedly oversold inventory to Pepsi beyond demand, leading to a significant sales decline as Pepsi reduced its purchases [6]. - The sales rate to Pepsi was unsustainable, creating a false impression of Celsius' financial health [6]. - The company's financial performance and outlook were not as strong as previously indicated, resulting in a stock price drop when the truth was revealed [6]. Legal Proceedings - Shareholders wishing to act as lead plaintiffs must submit their applications by January 21, 2025 [2]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members [2]. Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [3].