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Investor Alert: Celsius Holdings Class Action Lawsuit

In a critical development for investors, Kessler Topaz Meltzer & Check, LLP has initiated a class action lawsuit against Celsius Holdings, Inc. (NASDAQ: CELH). This lawsuit concerns those who purchased Celsius' common stock during a specific timeframe: from February 29, 2024, to September 4, 2024, which marks the alleged Class Period. The firm emphasizes that investors who have suffered financial losses during this period should take action before the upcoming deadline for lead plaintiff submissions, which is set for January 21, 2025.

Allegations Against Celsius Holdings

The legal complaint raises serious allegations against Celsius and its management. According to the claims, Celsius engaged in questionable business practices that misled investors about its true financial health. The alleged misconduct includes:

1. Overestimated Inventory Sales: The lawsuit asserts that Celsius significantly oversold inventory to Pepsi, far beyond market demand. This created an unsustainable sales rate, misleading investors about the company's performance.
2. Impending Sales Decline: As Pepsi starts to consume its inventory, it could lead to a substantial decrease in sales for Celsius, thus adversely impacting its future earnings.
3. Misleading Financial Indicators: The complaint states that Celsius' financial metrics were not as robust as represented, ultimately giving investors a distorted view of the company's outlook during the Class Period.

With these potential misrepresentations intertwined, the firm argues that the true financial state of Celsius Holdings was masked, leading to the significant losses experienced by its investors once the reality of its financial performance unfolded.

Process for Lead Plaintiffs

For investors considering participation in this lawsuit, the lead plaintiff process allows an individual or group with significant financial interest in the touted class to represent the larger group. Interested investors must file their applications to serve as lead plaintiff by the aforementioned deadline. This role involves directing the course of litigation and selecting legal representation to safeguard the interests of all class members.

If you suffered losses while investing in Celsius, Kessler Topaz Meltzer & Check, LLP encourages you to connect with them or engage other legal counsel to understand your options fully. Investors looking to join the lawsuit can easily access the online links provided by the law firm for more directions.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is a reputable legal firm renowned for its commitment to handling class actions and investor protection on a global scale. The firm has battled corporate misconduct and fraud successfully, recovering substantial financial reparations for victims over the years. Their dedication to safeguarding the rights of investors extends to various sectors and issues, reflecting their significant legal expertise.

For more information and updates regarding the Celsius lawsuit, or if you're seeking help due to financial setbacks linked to your Celsius investments, please visit www.ktmc.com. Kessler Topaz remains engaged in protecting the rights of investors, ensuring that stakeholders can receive the justice and reparations they deserve.