How Celsius Holdings Investors Can Respond to Class Action Lawsuit Notification

Celsius Holdings Class Action Lawsuit Notification

Investors in Celsius Holdings, Inc. should be aware of an important class action lawsuit filed by Levi & Korsinsky, LLP, concerning alleged securities fraud affecting their investments. As indicated, this lawsuit targets investors who may have suffered losses between February 29, 2024, and September 4, 2024.

Key Details of the Lawsuit

The complaint alleges the following points:
1. Deceptive Statements: Celsius Holdings misled the public regarding its business prospects and operations.
2. Inflated Stock Prices: The company is accused of artificially inflating the market price of its common stock.
3. Insider Trading: Key insiders sold over 21.6 million shares at these inflated prices, costing shareholders dearly, as these transactions amounted to over $1.4 billion in profits for the sellers.
4. Purchasing at Overvalued Prices: Investors ended up buying stocks at prices that did not reflect the true value of the company, resulting in significant financial losses.

The impact of these alleged actions can be devastating for shareholders who trusted the company’s public messaging. Many investors have felt the financial strain of these activities, and the class action aims to address these grievances.

Next Steps for Investors

If you believe you have experienced a loss in Celsius due to these issues, now is the time to act. You have until January 21, 2025, to request to be appointed as the lead plaintiff in this case. Importantly, even if you do not take on this role, you may still participate in any potential recovery without incurring any upfront costs.

No Cost to Class Members

For those wanting to partake in this lawsuit, Levi & Korsinsky assures that there will be no fees or costs required from class members during the process. The firm has a strong track record, having represented various investors in complex securities litigation successfully, often securing substantial compensation over the years.

If you are a current or former investor in Celsius Holdings and are interested in learning more about this class action or want to discuss your options with legal experts, you can reach out directly to Joseph E. Levi at Levi & Korsinsky by email or phone.

Contact Information

Levi & Korsinsky has consistently demonstrated its expertise in the realm of securities litigation, making it a trusted partner for investors navigating these turbulent waters. They have established partnerships with investors to ensure their rights are protected and they receive the justice they deserve.

In conclusion, Celsius Holdings, Inc. shareholders must take note of this lawsuit and assess their position. With deadlines looming, proactive measures are crucial for anyone affected by this situation. Keep an eye on developments, gather documentation regarding your investments, and consult with legal counsel to explore your rights and potential action.