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New York, New York–(Newsfile Corp. – January 1, 2025) – WHY: The Rosen Law Firm, a global investment rights law firm, reminds clients of the common stock of Characteristics of Celsius Holdings Inc. (NASDAQ: NASDAQ: ) between February 29, 2024 and September 4, 2024, both dates inclusive (the “Class Period”), the relevant January 21, 2025 plaintiff’s deadline.
NOW: If you purchased Celsius common stock during the Group period you may be entitled to compensation without paying out-of-pocket fees or expenses through the contingency fee arrangement.
WHAT YOU NEED TO DO: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before 21 January 2025. The lead plaintiff is the party representing the other members of the class to conduct the case.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms do not litigate securities class actions, but are simply brokers who refer clients or partner with law firms that litigate the cases. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm has reached the largest settlement of a class action against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
FACTS OF THE CASE: According to the lawsuit, during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius sold more stock than PepsiCo (NASDAQ:), Inc . (“Pepsi”) to excess. of demand, and faced with a future sales situation in which Pepsi would significantly reduce its price of Celsius products; (2) when Pepsi unloads a large amount of inventory, Celsius’s sales would decline significantly in the future, harming Celsius’ financial performance and prospects; (3) Celsius’ sales rate to Pepsi was inconsistent and created negative opinions about Celsius’ financial performance and prospects; (4) as a result, Celsius’ business metrics and financial prospects were not as robust as reflected in the Defendants’ Time Group statements; and (5) as a result, the defendants’ statements about Celsius’ outlook and expected financial performance were false and misleading at all relevant times. When the real facts entered the market, the lawsuit alleges that investors were harmed.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.
No Group Guaranteed. Until a group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You may remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the lead plaintiff.
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Advertising Attorney. Preliminary results do not guarantee a similar outcome.
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To view the source version of this release, please visit https://www.newsfilecorp.com/release/235742
