Shareholders that lost money on Celsius Holdings, Inc.(CELH) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire·2025-01-16 18:34

Lawsuit Overview - A class action securities lawsuit has been filed against Celsius Holdings, Inc (NASDAQ: CELH) by Levi & Korsinsky, LLP, seeking to recover losses for investors affected by alleged securities fraud between February 29, 2024, and September 4, 2024 [1] - Investors who suffered losses during this period have until January 21, 2025, to request appointment as lead plaintiff [3] Allegations - The complaint alleges that Celsius made false statements and/or concealed information, deceiving the investing public about the company's prospects and business [2] - The company is accused of artificially inflating the market price of its common stock [2] - Certain officers, directors, and insiders allegedly sold over 21.6 million personally held shares at artificially inflated prices, reaping more than $1.4 billion [2] - The alleged actions caused plaintiffs and other class members to purchase Celsius stock at inflated prices and suffer damages as the true facts were revealed [2] Legal Representation - Levi & Korsinsky, LLP has a 20-year track record of securing hundreds of millions of dollars for aggrieved shareholders and winning high-stakes cases [4] - The firm has been ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4] - The firm has a team of over 70 employees with extensive expertise in complex securities litigation [4]

Shareholders that lost money on Celsius Holdings, Inc.(CELH) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More - Reportify