#USA #New York #Gross Law Firm #Shareholders #Celsius Holdings

Important Update for Celsius Holdings, Inc. Shareholders

The Gross Law Firm has issued a reminder to shareholders of Celsius Holdings, Inc. (NASDAQ: CELH), regarding a crucial deadline approaching for those who purchased shares during the designated class period. As the legal landscape surrounding the company becomes more intricate, affected investors are encouraged to take immediate action.

Key Details

Class Period

The timeframe in question is from February 29, 2024, to September 4, 2024. During this period, numerous allegations have surfaced against the company relating to misleading statements and practices that significantly impacted stock prices.

Allegations

The lawsuit alleges that Celsius Holdings failed to transparently communicate its operational status, which led to an artificially inflated stock price. Key points derived from the allegations include:

• - Misleading information regarding the company's future and business strategies.
• - Significant insider trading, with certain executives selling shares at inflated prices, resulting in profits exceeding $1.4 billion from the sale of more than 21.6 million shares.
• - Investors purchasing shares at these inflated prices ultimately faced losses when the truth about the company's performance came to light.

Deadline for Lead Plaintiff Appointment

January 21, 2025, marks the final date for shareholders to apply for a lead plaintiff position in this class action lawsuit. Interested parties should not hesitate to register their claims in order to participate in any potential recovery.

Next Steps for Shareholders

Once registered, shareholders will gain access to portfolio monitoring tools which will provide ongoing updates throughout the duration of the case. Registration is completely free of charge, and there are no obligations to proceed after signing up. Interested parties can find the registration link on the Gross Law Firm’s website.

Why Consider Initiating a Claim?

The Gross Law Firm is devoted to protecting the rights of investors who may have been subject to financial losses due to corporate dishonesty. Their mission centers on seeking justice for shareholders who have been misled by inaccurate disclosures or fraud. With a reputable history in handling securities class actions, the firm emphasizes their commitment to holding companies accountable for unethical practices.

Contact Information

For those looking to inquire further or register for the lawsuit, The Gross Law Firm can be contacted directly:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

It is essential for Celsius Holdings shareholders to stay informed and proactive about their legal rights, especially with a significant deadline approaching. Those impacted by the company's alleged actions should strongly consider taking the necessary steps to protect their investments.