Radnor, Pennsylvania–(Newsfile Corp. – December 27, 2024) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against it. Celsius Holdings (NASDAQ:), Inc. (“Celsius”) (NASDAQ: CELH) on behalf of those who purchased or otherwise acquired Celsius common stock between February 29, 2024, and September 4, 2024, inclusive (the “Class Period”). The claimant's deadline is January 21, 2025.
CONTACT KESSLER TOPAZ MELTZER & HOLLA, LLP:
If you lose Celsius, you can CLICK HERE or go to: NONE
You can contact a lawyer Jonathan Naji, Esq. by calling (484) 270-1453 or by email info@ktmc.com.
COMPLAINTS WE WILL DEAL WITH:
The Complaint alleges that, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius oversold Pepsi's products in excess of demand, and faced a sales cliff during which Pepsi. will significantly reduce its purchases of Celsius products; (2) as Pepsi reduced significant amounts of inventory, Celsius' sales would decline significantly in the future, harming Celsius' financial performance and image; (3) Celsius' sales rate to Pepsi was uncontrollable and created a misleading impression of Celsius' financial system and outlook; (4) as a result, Celsius' business metrics and financial prospects were not as strong as indicated in the Interim Segmentation reports; and (5) as a result, Defendants' statements about Celsius' outlook and expected financial performance were false and misleading at all relevant times.
LEAD COMPLAINT PROCEDURE:
Celsius investors can say, no later than January 21, 2025, seek to be appointed as lead class plaintiff attorney through Kessler Topaz Meltzer & Check, LLP or other counsel, or you may choose to do nothing and remain a non-class member. The lead plaintiff is the representative party acting on behalf of all class members in the management of the lawsuit. The lead plaintiff is usually an investor or a small group of investors who have a substantial financial interest and who are sufficient and similar to the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision whether or not to act as the lead plaintiff.
Kessler Topaz Meltzer & Khangela, LLP encourages Celsius investors who have experienced significant losses to contact the firm directly for more information.
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ABOUT KESSLER TOPAZ MELTZER & HOLLA, LLP:
Kessler Topaz Meltzer & Khangela, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars from victims of fraud and other corporate misconduct. All of our work is driven by the same goal: to protect investors, customers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The appeal in this action was not filed by Kessler Topaz Meltzer & Khangela, LLP. For more information about Kessler Topaz Meltzer & Khangela, LLP please visit www.ktmc.com.
It may be considered a marketing attorney in certain areas. Past results do not guarantee future results.
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