Investors Urged to Act as Deadline Approaches in Celsius Holdings Lawsuit for Losses Exceeding $100K

Deadline Approaching for Celsius Holdings, Inc. Lawsuit

In a crucial update for investors affected by the recent turmoil surrounding Celsius Holdings, Inc., often referred to as CELH, urgent action is required as a deadline looms over the ongoing lawsuit. The Shareholders Foundation, a recognized advocate for investors, has communicated that those who purchased shares worth over $100,000 have specific legal options available to them, with a critical deadline set for January 21, 2025.

The lawsuit was initiated by an investor on November 22, 2024. The primary claim alleged by the plaintiff is that Celsius Holdings made deceptive statements regarding its financial health and sales strategies, particularly its relationship with PepsiCo, Inc. The concern centers on claims that Celsius had overstated its sales to PepsiCo, creating a facade of a thriving business that wasn't entirely accurate.

According to the lawsuit, Celsius purportedly oversold its inventory to Pepsi far beyond actual demand, leading to a precarious situation where Pepsi is reportedly poised to reduce its purchases significantly. This situation has raised alarms regarding the sustainability of Celsius Holdings' sales performance and, subsequently, its financial prognosis. As Pepsi begins to reduce inventory levels, it is feared that Celsius' future sales will significantly plummet, thereby affecting its overall financial health and the value of its shares.

Between February 29, 2024, and September 4, 2024, it is alleged that Celsius Holdings maintained a misleading narrative about its financial status, suggesting that its metrics and prospects were far more robust than they actually were. The lawsuit suggests that these misrepresentations have left investors with a deceptive perception of the company’s performance, leading to considerable financial losses.

Investors who purchased shares in Celsius Holdings are strongly urged to evaluate their options and consider joining the lawsuit, particularly given the context of the allegations laid out in the complaint. Such legal recourse not only aims to seek reparations for losses incurred but also fortifies the call for greater transparency and accountability within publicly traded entities.

To proceed, affected investors should get in touch with the Shareholders Foundation. They can be reached directly via email at [email protected] or by calling +1 (858) 779-1554. It is crucial for those invested in Celsius Holdings to act promptly, as the opportunity to address these grievances could close swiftly with the approaching deadline.

The Shareholders Foundation, Inc. is not a law firm; instead, it serves as an organization that specializes in shareholder-related legal monitoring and assistance. They provide important information regarding securities class actions, settlements, and investor rights—aimed at keeping investors informed in a dynamic financial landscape.

In conclusion, as the January 21, 2025, deadline approaches, investors in Celsius Holdings, Inc. should remain vigilant and proactive. Engaging with legal support could be a significant step in recovering losses and advocating for corporate transparency in light of the shifting market conditions surrounding the company.