#USA #New Orleans #Kahn Swick #Charles Foti #Celsius Holdings

Celsius Holdings Shareholder Alert: Action Needed Ahead of Deadline

Celsius Holdings, Inc., a prominent name in the beverage sector, is currently embroiled in a class action lawsuit that has raised concerns among investors. Kahn Swick & Foti, LLC (KSF), spearheaded by Charles C. Foti, Jr., the former Attorney General of Louisiana, is actively reminding investors who faced losses exceeding $100,000 that the deadline for filing lead plaintiff applications is fast approaching on January 21, 2025.

This class action lawsuit pertains to allegations against Celsius Holdings, asserting that the company and some of its executives failed to properly disclose crucial information during a significant period of trading. The designated Class Period spans from February 29, 2024, to September 4, 2024. Investors who purchased shares during this timeframe may have a legal claim if they experienced economic losses due to the alleged misrepresentations and omissions made by the company.

What You Should Know

KSF is encouraging those impacted to reach out without any obligation. Those interested in discussing their legal options can contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email at email protected]. There is also an informative website available where further details can be explored: [Kahn Swick Counsel.

The lawsuits arise from claims that Celsius Holdings may have misled investors regarding its inventory and sales dynamics, especially related to its partnership with PepsiCo, Inc.. The allegations detail that the company oversold its inventory, creating a situation where it faced substantial risks as Pepsi began to reduce its orders, leading to an unsustainable sales environment. This kind of business practice could severely impact Celsius's financial health and performance outlook, raising alarm bells for investors.

Ongoing Litigation Details

The specific case mentioned is Shelby Township Police & Fire Retirement System v. Celsius Holdings, Inc., et al., bearing the docket number No. 24-cv-81472. The lawsuit underlines issues that could have far-reaching implications not just for the company’s stock prices but also for the perception of corporate governance and accountability in the public trading sector.

As the filing deadline nears, the urgency for investors to act and seek legal recourse grows. It is vital that affected shareholders understand their rights and take the necessary steps to potentially recover losses incurred during the Class Period. KSF's involvement offers an opportunity for investors to join forces, share their experiences, and possibly hold Celsius Holdings accountable for its alleged misleading practices.

About Kahn Swick & Foti, LLC

Established as a notable boutique law firm specializing in securities litigation, Kahn Swick & Foti has developed a reputation for advocating for the rights of investors. With operational bases in states like New York, Delaware, California, and Louisiana, KSF aims to ensure that public institutional investors, hedge funds, and individual stockholders alike have access to justice when corporate fraud occurs. Their significant portfolio of cases underscores a commitment to integrity in investment practices.

For those who believe they were misled regarding Celsius Holdings, this moment represents a critical opportunity to act. Delaying may risk losing the chance for legal action, making it essential for impacted investors to consult legal experts promptly.

Stay informed about your rights, and don’t hesitate to explore the options available through KSF to protect your financial interests in Celsius Holdings amidst these turbulent circumstances.