Investors of Celsius Holdings, Inc. Urged to Join Securities Fraud Lawsuit Action

Celsius Holdings, Inc. Securities Fraud Lawsuit: Investor Update

Opportunities for Class Members
Celsius Holdings, Inc., a company traded on NASDAQ under the ticker CELH, faces significant legal scrutiny concerning allegations of securities fraud. The Rosen Law Firm, renowned for its advocacy for investor rights, highlights that individuals who purchased common stock between February 29, 2024, and September 4, 2024, should consider participating in a class action lawsuit.

Important Dates and Actions

The deadline to step forward as a lead plaintiff in this class action is January 21, 2025. Being a lead plaintiff means taking on the significant responsibility of representing fellow class members and guiding the litigation. Investors who wish to learn more about this opportunity can visit the Rosen Law Firm's dedicated site or reach out directly via phone or email for assistance.

The Nature of Allegations

The essence of the lawsuit revolves around misleading statements made by Celsius management. Reports indicate that during the specified period, Celsius oversold its inventory to PepsiCo, leading to substantial concerns about the company's future sales performance. The lawsuit claims that Celsius inflated its financial performance by failing to disclose essential truths about its market projections and inventory management strategies.

Investors learned that the over-reliance on Pepsi's orders had created an unsustainable sales trajectory, leading to drastic adjustments when the truth surfaced. Specifically, the lawsuit asserts:
1. Celsius' relationship with Pepsi generated misleadingly positive financial figures.
2. The dramatic turn in Pepsi's purchasing behavior would consequently diminish Celsius' profitability and market outlook.
3. Assertions regarding the company's robust sales and overall health were false and misleading.
4. These misstatements have triggered significant financial damage to shareholders, who now seek recompense through legal channels.

How to Join the Class Action

Investors eager to join this class action suit can take immediate steps by visiting Rosen Law's Submission Page or by contacting Phillip Kim, Esq. directly at (866)-767-3653. Each participant should remember that until the class is officially certified, they are not automatically represented by counsel and may retain their choice of legal representation.

Why Choose Rosen Law Firm?

Rosen Law Firm is distinguished by its extensive experience in securities litigation. With a proven track record of securing significant settlements, including the largest class action settlement involving a Chinese company, Rosen Law Firm has consistently been recognized as a leader in the field of investor rights. In recent years, the firm has recovered hundreds of millions for its clients and received numerous accolades for its contributions to investors' rights.

Conclusion

While the class action is still in its preliminary stages, Celsius Holdings, Inc. investors have a vital role in shaping this legal undertaking. As more information becomes available, investors are encouraged to stay informed through the Rosen Law Firm’s social media channels. Given the potential for substantial recovery, understanding the implications of this lawsuit is paramount for all affected investors.

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