#USA #Class Action #Kessler Topaz #Radnor #Celsius Holdings

Important Reminder for Celsius Holdings, Inc. Investors

As the deadline of January 21, 2025, approaches, Celsius Holdings, Inc. (NASDAQ: CELH) investors have been alerted about an ongoing securities class action lawsuit that has implications for anyone who purchased or acquired Celsius common stock between February 29, 2024, and September 4, 2024. The law firm Kessler Topaz Meltzer & Check, LLP has taken the initiative to remind shareholders of this significant legal proceeding.

Background of the Lawsuit

The class action lawsuit highlights serious allegations against Celsius Holdings, accusing the company of misleading investors about its financial performance and strategic decisions. Throughout the designated Class Period, it is alleged that Celsius made various false or misleading statements regarding its sales practices, specifically with its relationship to PepsiCo. The complaint asserts that Celsius oversold its inventory far beyond the actual demand from Pepsi, creating an artificial sales surge that would inevitably lead to a steep decline as Pepsi started to reduce its purchases.

1. Inventory Mismanagement: It is claimed that Celsius’ overcommitment to Pepsi had detrimental effects on future sales, leading to a forecasted drop in revenue which would undermine the company's financial outlook.
2. Misleading Financial Health: The firm asserts that the rosy financial sounds from Celsius were misleading, as the sustainability of these reported sales was misrepresented. This failure to disclose critical inventory management details has left investors in a precarious position.
3. Investor Engagement: Investors are encouraged to explore their legal options and possibly take action by becoming lead plaintiffs in this class action. The role of a lead plaintiff is vital, as it involves making significant decisions on behalf of the class, usually represented by those with the most considerable financial losses.

Next Steps for Investors

The legal firm stresses that investors who suffered losses during the Class Period should reach out to Kessler Topaz Meltzer & Check, LLP to seek guidance and understand their rights. You may choose to participate actively in the litigation process by applying to be a lead plaintiff, thereby playing a pivotal role in steering the proceedings. Alternatively, those who prefer a more passive involvement may simply remain as absent class members. Regardless of the path chosen, your potential recovery from any settlements will not be affected by this decision.

Contact Information

For further assistance, Celsius investors can contact attorney Jonathan Naji at Kessler Topaz Meltzer & Check, LLP, either by phone at (484) 270-1453 or via email at [email protected]. Detailed information about the class action and how to proceed can also be found on their official website.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is well-respected within the legal community for representing victims of fraud and corporate misconduct. The firm has a proven history of success in class action lawsuits and provides valuable support for individuals seeking justice against corporations that violate trust. By taking necessary legal actions, Kessler Topaz aims to hold companies accountable while ensuring that the rights of investors are upheld.

As the deadline approaches, investors should remain vigilant and act promptly to safeguard their interests in this matter.