New York, New York–(Newsfile Corp. – January 1, 2025) – WHY: The Rosen Law Firm, a global investor rights law firm, reminds clients of the common stock of Celsius Holdings Inc. (NASDAQ: NASDAQ: ) between February 29, 2024 and September 4, 2024, both dates inclusive (the “Class Period”), for material January 21, 2025 is the plaintiff's deadline.
AND THEN: If you purchased Celsius common stock during the Class Period you may be entitled to a refund without any out-of-pocket payment or expense through the forfeiture fee arrangement.
NEXT TO DO: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than January 21, 2025. The lead plaintiff is the party that represents the other class members in managing the lawsuit.
WHY THE LAW CAME OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often times, the firms issuing the notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies don't really need security practices, but are middlemen who refer clients or partners to law firms that litigate cases. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm won the largest ever securities settlement for a Chinese company at the time. The Rosen Law Firm was ranked Level 1 by ISS Securities Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has received hundreds of millions of dollars from investors. In 2019 alone the company secured over $438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of the Spot Bar. Many of the firm's lawyers are accredited by Lawdragon and Top Lawyers.
CREDIT DETAILS: According to the lawsuit, during the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius sold excess inventory to PepsiCo (NASDAQ: ), Inc. (“Pepsi”) too much. of demand, and faced an impending cliff where Pepsi would 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 weak as reflected in the Defendants' Dividend Statements; and (5) as a result, defendants' statements about Celsius's outlook and expected financial performance were false and misleading at all relevant times. When the true information enters the market, the lawsuit claims that investors suffer damages.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No Class is guaranteed. Until the class is confirmed, you are not represented by counsel unless you have retained one. You can choose the advice of your choice. You can remain a member of the missing class and do nothing for now. The investor's ability to share in any future recovery is not dependent on serving as the lead plaintiff.
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Marketing Lawyer. Previous results do not confirm the same result.
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