Investors in Celsius Holdings, Inc. Urged to Lead Legal Action Against Securities Fraud

Important Legal Note for Celsius Investors

On January 2, 2025, the Rosen Law Firm, renowned for advocating for investor rights, issued a reminder to all investors who purchased common stock of Celsius Holdings, Inc. (NASDAQ: CELH) during the class period from February 29, 2024, to September 4, 2024. This reminder emphasizes an important deadline coming up on January 21, 2025, for those interested in leading a class action lawsuit against the company.

Why This Matters

Investors who acquired Celsius common stock during the specified class period might be entitled to partake in a potential compensation scheme without any upfront costs, as legal arrangements can be made through a contingency fee framework. This development is rooted in allegations of securities fraud, prompting the need for a collective legal response from affected shareholders.

To join the Celsius class action, investors can visit Rosen Law Firm's website or can reach out directly to Phillip Kim, Esq. at 866-767-3653. An active class action lawsuit is already underway, and interested parties must act swiftly to establish their interest in leading the case.

Key Details of the Allegations

The lawsuit outlines that during the class period, the defendants purportedly issued false and misleading statements. Several key claims have emerged:
1. Overselling to PepsiCo: It is alleged that Celsius significantly oversold inventory to PepsiCo far beyond actual demand, anticipating continued high sales.
2. Sales Cliff: The lawsuit suggests that due to overstocking issues, Celsius was poised to face a substantial decrease in future sales from Pepsi, affecting the company’s financial performance adversely.
3. Misleading Financial Performance: Celsius' reported sales metrics indicated unduly positive financial health, which were misleading in nature due to the unsustainable sales pipelines.
4. False Outlooks: The defendants' statements held during this period are claimed to have painted a healthier business outlook than what the reality portrayed, setting the stage for potential investor damages when the truth emerged.

These serious allegations suggest that the financial prospects of Celsius Holdings were substantially overstated, leading to significant repercussions for its investors when market realities solidified.

Call to Action

For those who wish to support or participate in the class action, but may not want to assume the lead plaintiff role, options remain open. Until a class is certified, investors can independently choose their legal representation or opt to maintain their status as passive members. This avenue ensures that any financial recovery will not hinge on being an active participant in the lawsuit.

Rosen Law Firm emphasizes the importance of selecting competent legal representation, as many firms simply refer clients to other firms without engaging in actual litigation. Rosen Law has a proven track record, noted for its successful settlements, including a record-breaking settlement regarding a Chinese Company. Continually ranked among the top firms for securities class-action settlements, Rosen has recovered substantial sums for investors in recent years, affirming its capacity and commitment to its clients.

Final Words

As the January 21, 2025 deadline approaches, the Rosen Law Firm encourages all Celsius investors to assess their position and understand the significance of participating in this possible consortium against securities fraud. For regular updates, parties are invited to follow the firm on platforms like LinkedIn, Twitter, and Facebook. Legal representation is crucial, and investors are urged to act swiftly to safeguard their rights and potential recovery in the face of the allegations against Celsius Holdings, Inc.

For further inquiries, interested investors are advised to connect with the firm through the contact information provided, ensuring that they do not miss this important opportunity.