Celsius Holdings Investors: Deadline Approaches for Class Action Lawsuit Claims

Celsius Holdings Shareholder Alert

As the ongoing legal proceedings against Celsius Holdings, Inc. continue to unfold, time is running out for investors who may have suffered financial losses. ClaimsFiler, a complimentary service designed to keep shareholders informed, has issued a reminder that the deadline to file as a lead plaintiff in a class-action lawsuit against Celsius is fast approaching. All such claims must be submitted by January 21, 2025.

Background of the Case

The lawsuit targets Celsius Holdings and key executives, alleging that they failed to disclose crucial information during the class period spanning from February 29, 2024, to September 4, 2024. This period is marked by substantial trading activity, as investors keenly awaited information that could affect their investments.

The core allegations suggest that Celsius misrepresented its financial health and business performance by giving an overly optimistic portrayal of the company’s relationship with one of its prominent partners, PepsiCo, Inc. It is claimed that the company significantly oversold inventory to Pepsi without sufficient market demand, setting the stage for a forthcoming decline in sales.

Investors may argue that as Pepsi Co. began to deplete its inventory, sales for Celsius would experience a considerable downturn, contradicting earlier assurances given by the company. This misinformation may have led many shareholders to experience unexpected financial losses as the truth about the company's sales strategies and business outlook began to emerge.

How Investors Can Participate

For those who bought shares of Celsius Holdings during the specified class period, it's imperative to understand your rights. ClaimsFiler reminds affected investors to visit their website or reach out via their toll-free number to understand the next steps. Legal representatives from Kahn Swick & Foti, LLC are on standby to offer free consultations on how to proceed.

Whether you’re a seasoned investor or someone who has recently entered the market, navigating class-action lawsuits can be daunting. However, resources like ClaimsFiler exist to support investors in securing their rightful financial recovery from these types of legal actions.

For more detailed insights and to begin the claims process, investors can visit ClaimsFiler's website or call 1-844-367-9658.

Final Thoughts

As the clock ticks down towards the filing deadline, Celsius Holdings shareholders must act swiftly. The potential for recovering losses from the ongoing legal actions hinges on understanding both one’s investment position and the legal avenues available. With expert legal advice just a phone call away, it's crucial not to miss this window of opportunity.