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Celsius Holdings, Inc. Class Action Lawsuit Notice

The Gross Law Firm has issued an important notice for shareholders of Celsius Holdings, Inc. (NASDAQ: CELH) regarding a class action lawsuit that may affect their investments. If you purchased shares during the specified class period—from February 29, 2024, to September 4, 2024—you might be eligible to participate in this case.

Allegations Against Celsius Holdings

The class action claims that Celsius Holdings did not disclose crucial information to its investors, which resulted in misrepresentation of its overall business health and prospects. Specifically, the legal complaint alleges that:
1. The company provided misleading statements about its financial state and business outlook.
2. The stock price of Celsius was artificially inflated, allowing certain executives and insiders to sell over 21.6 million shares at inflated prices, amassing more than $1.4 billion.
3. Investors, including class members, suffered financial losses due to these deceptive practices, purchasing shares at inflated prices without the complete picture of the company's true standing.

These serious allegations have raised concerns about the honesty and integrity of Celsius Holdings’ management, prompting legal action aimed at holding them accountable.

Upcoming Deadlines

Shareholders must act quickly; the deadline to register your participation in this class action is January 21, 2025. If you miss this date, you may lose the opportunity to recover any losses associated with your investment in CELH. It’s highly recommended that shareholders who believe they may qualify for participation get in touch with the Gross Law Firm and register their claims as soon as possible.

How to Register

To register, shareholders can follow the provided link to complete a simple form that will allow the law firm to assess eligibility. Once registered, shareholders will benefit from portfolio monitoring software that provides status updates on the case throughout its duration. This proactive approach ensures that shareholders stay informed and prepared as the lawsuit progresses.

The Role of The Gross Law Firm

The Gross Law Firm has established itself as a prominent player in class action lawsuits, focused on safeguarding the rights of investors. Their mission is to ensure fair practices in corporate governance, enabling investors to recover losses incurred as a result of deceptive and potentially fraudulent actions by corporations. They emphasize their commitment to investor rights, aiming to hold companies accountable for graft and misinformation.

Investment in companies should always be based on accurate and truthful information. To that end, the Gross Law Firm is prepared to pursue legal remedies for those harmed by the actions of Celsius Holdings, ensuring that investor interests are adequately represented.

For further inquiries or to initiate your registration, please contact:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

It is essential for investors who purchased Celsius Holdings stock during the class period to engage promptly with legal counsel to navigate the complexities of this lawsuit effectively.