New York, New York–(Newsfile Corp. – January 19, 2025) – WHY: The Rosen Law Firm, a global investor rights law firm, reminds buyers of common stock and sellers of puts Celsius Holdings Inc. (NASDAQ: NASDAQ: ) between February 29, 2024 and September 4, 2024, both dates inclusive (the “Class Period”), in material January 21, 2025 leads the plaintiff’s deadline.
WHATEVER: If you buy Celsius common stock or sell Celsius puts during the Class Period you may be entitled to compensation free of any out-of-pocket fees or expenses through a contingency fee arrangement.
WHAT TO DO NEXT: 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 [email protected] for more information. A class action lawsuit has been filed. If you want to serve as the lead plaintiff, you must move the Court no later than January 21, 2025. The lead plaintiff is a representative party acting on behalf of other class members in the conduct of litigation.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, the companies issuing the notices do not have the same experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen who refer clients or partners to the law firms that actually litigate the cases. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest securities class action settlement against a Chinese Company at that time. The Rosen Law Firm is ranked No. 1 in the ISS Securities Class action (WA:) Services for the number of securities class action settlements in 2017. The company has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the company earned over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE 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 materially oversold inventory to PepsiCo (NASDAQ:), Inc. (“Pepsi”) which is too much. of demand, and faced with a looming sales cliff where Pepsi could drastically reduce its purchases of Celsius products; (2) as Pepsi lowers large amounts of overstocked inventory, Celsius’ sales will decline significantly in the near future, harming Celsius’ financial performance and outlook; (3) Celsius’ sales rate to Pepsi was unsustainable and created a false impression of Celsius’ financial performance and outlook; (4) as a result, Celsius’s business conditions and financial prospects were not as strong as defendants’ Class Period statements indicated; and (5) thus, defendants’ statements about Celsius’ outlook and expected financial performance were false and misleading at all relevant times. When the true details entered the market, the lawsuit claimed that investors suffered damages.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=31677 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for class action information.
No Class Verified. Until a class is certified, you will not be represented by counsel unless you hold one. You can choose the advice you want. You can also stay out of class and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent on serving as the lead plaintiff.
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