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Radnor, Pennsylvania–(Newsfile Corp. – December 27, 2024) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) notifies investors that a lawsuit has been filed against a security group. Characteristics of Celsius Holdings (NASDAQ:), Inc. (“Celsius”) (NASDAQ: CELH) for the benefit of those who purchased or acquired Celsius common stock between February 29, 2024, and September 4, 2024, inclusive (the “Class Period”). The claimant’s deadline is January 21, 2025.
Contact KESSLER TOPAZ MELTZER & CHECK, LLP:
If you lost Celsius, you can CLICK HERE or go to: https://www.ktmc.com/new-cases/celsius-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=ceh&mktm=r
You can also contact a lawyer Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com.
OFFICERS WHO REPORT MISCONDUCT:
The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius was sold at a higher price to Pepsi than demand; , and faced a sales crisis at a time when Pepsi was going to drastically reduce its price of Celsius products; (2) when Pepsi unloads a large amount of inventory, Celsius’ 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 stated in the Defendants’ Class Time reports; and (5) as a result, Defendants’ statements regarding Celsius’ outlook and expected financial performance were false and misleading at all times.
PREVIOUS MONTHLY PROCEDURE:
My Celsius Investors, before 21 January 2025, seek to be appointed as the lead representative of the class plaintiff by Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain a member of the absent class. The lead plaintiff is the representative who represents all the members of the class to conduct the case. The lead plaintiff is usually an investor or a small group of investors who have a significant financial interest and who are also proportionate to the standard of the proposed class of investors. The lead plaintiff appoints counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to participate in any recovery is not affected by whether or not you will serve as the lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Celsius investors who have experienced significant losses to contact the firm directly for more information.
CLICK HERE TO REGISTER A CASE OR GO TO: https://www.ktmc.com/new-cases/celsius-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=ceh&mktm=r
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP litigates class actions in federal and state courts throughout the country and around the world. The firm has an international reputation and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by one goal: to protect investors, customers, employees and others from fraud, abuse, misconduct and negligence by businesses and individuals. The complaint in this action was filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
May be considered a marketing attorney in certain areas. Past results do not guarantee future results.
To view the source version of this release, please visit https://www.newsfilecorp.com/release/235278
