Lead Plaintiff Deadline is Approaching - Act Now

Celsius Holdings, Inc.® Shareholder Class Action

Shelby Township Police & Fire Retirement System v. Celsius Holdings, Inc. et al.

Celsius Holdings, Inc.

NASDAQ: CELH

Class Period : 02/29/2024 - 09/04/2024

Lead Plaintiff Motion Deadline: 1/21/2025

Shareholders of Celsius Holdings, Inc.® have filed a class action lawsuit, alleging that the company misled investors about its financial health and prospects. The lawsuit claims Celsius overstated its inventory sales to PepsiCo, Inc., creating a misleading picture of the company's growth and sustainability. When the truth emerged, Celsius' stock price plummeted, leading to significant financial losses for investors.  

This case seeks to hold Celsius accountable for alleged misstatements and omissions and to recover damages for adversely affected shareholders.  

Alleged Misstatements and Omissions  

The lawsuit claims Celsius misrepresented critical aspects of its business, including:  

Overselling inventory to PepsiCo far beyond demand, creating an unsustainable sales spike.  

  • Failing to disclose that Pepsi would reduce future purchases, leading to a "sales cliff."  
  • Providing misleading impressions of financial stability and growth.  
  • Omitting key details about declining sales and promotional allowances tied to Pepsi's inventory reductions.  

These alleged misstatements gave shareholders a false sense of confidence in Celsius' financial performance and long-term outlook.  

Effects on Stock Prices  

Celsius' misrepresentations had a dramatic impact on its stock price:  

  • May 27, 2024: Shareholders saw a 13% stock drop after analysts raised concerns about retail trends.  
  • September 4, 2024: News of reduced Pepsi orders caused an 11% drop.  
  • November 6, 2024: Following a 31% year-over-year revenue decline, stock prices fell another 5%.  

Celsius also disclosed a 33% drop in North American revenues and a 46% decrease in gross profit margin. These revelations confirmed investor fears about declining sales and increased promotional costs.  

Legal Rights for Affected Shareholders  

Shareholders who purchased Celsius stock during the class period may have the right to compensation. If you:  

  • Bought Celsius stock based on misleading company statements.  
  • Suffered financial losses when the stock price fell.  

You could qualify to join this class action lawsuit. Protecting your legal rights as a shareholder is critical in holding companies accountable for deceptive practices.  

Take Action Today  

You don't have to navigate this alone if you are a Celsius shareholder who incurred losses. Joining a class action lawsuit can give you access to experienced attorneys who will fight for your financial recovery.  

  1. Understand your rights as an investor.  
  2. Take the first step toward potential compensation.  

Don't miss the opportunity to hold Celsius accountable.

iStock-11

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we are committed to standing up for shareholders who have been wronged. Our team has extensive experience handling high-stakes class action lawsuits, and we're here to help you evaluate your legal options.  

With our expertise, we will:  

  • Investigate your claims thoroughly.  
  • Seek the maximum compensation you're entitled to.  
  • Keep you informed every step of the way.  

Don't let misleading corporate practices go unanswered. Contact DiCello Levitt today for a free, private case evaluation. Together, we'll assess your case and determine the value of your potential compensation. Take action now to secure your financial future.  

All victims affected by Celsius Holdings, Inc.®’s alleged deceptive practices, and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

Find Out if You may be a Member
of the Class

Oops! We could not locate your form.

*Consent: If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form above. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit. By clicking the "SUBMIT" button, I consent to receive recurring auto dialed and/or text messages from Stock Fraud Claim, DiCello Levitt, and Tort Intake Professionals LLC or our partners in order to discuss my legal options and at the telephone number I provided. I also consent to the Stock Fraud Claim Privacy Policy and Terms of Use. I understand that I may receive a call even if my telephone number is listed on a Do Not Call list and that my consent is not a requirement of purchase. I understand that my telephone company may impose charges on me for these contacts and that I can revoke this consent at any time. For SMS campaigns: Text STOP to cancel and HELP for help. Msg & data rates may apply. Recurring msgs up to 27 msgs per month.

Celsius Holdings, Inc.® Shareholder Class Action

Shelby Township Police & Fire Retirement System v. Celsius Holdings, Inc. et al.

Celsius Holdings, Inc.

NASDAQ: CELH

Class Period : 02/29/2024 - 09/04/2024

Lead Plaintiff Motion Deadline: 1/21/2025

Shareholders of Celsius Holdings, Inc.® have filed a class action lawsuit, alleging that the company misled investors about its financial health and prospects. The lawsuit claims Celsius overstated its inventory sales to PepsiCo, Inc., creating a misleading picture of the company's growth and sustainability. When the truth emerged, Celsius' stock price plummeted, leading to significant financial losses for investors.  

This case seeks to hold Celsius accountable for alleged misstatements and omissions and to recover damages for adversely affected shareholders.  

Alleged Misstatements and Omissions  

The lawsuit claims Celsius misrepresented critical aspects of its business, including:  

Overselling inventory to PepsiCo far beyond demand, creating an unsustainable sales spike.  

  • Failing to disclose that Pepsi would reduce future purchases, leading to a "sales cliff."  
  • Providing misleading impressions of financial stability and growth.  
  • Omitting key details about declining sales and promotional allowances tied to Pepsi's inventory reductions.  

These alleged misstatements gave shareholders a false sense of confidence in Celsius' financial performance and long-term outlook.  

Effects on Stock Prices  

Celsius' misrepresentations had a dramatic impact on its stock price:  

  • May 27, 2024: Shareholders saw a 13% stock drop after analysts raised concerns about retail trends.  
  • September 4, 2024: News of reduced Pepsi orders caused an 11% drop.  
  • November 6, 2024: Following a 31% year-over-year revenue decline, stock prices fell another 5%.  

Celsius also disclosed a 33% drop in North American revenues and a 46% decrease in gross profit margin. These revelations confirmed investor fears about declining sales and increased promotional costs.  

Legal Rights for Affected Shareholders  

Shareholders who purchased Celsius stock during the class period may have the right to compensation. If you:  

  • Bought Celsius stock based on misleading company statements.  
  • Suffered financial losses when the stock price fell.  

You could qualify to join this class action lawsuit. Protecting your legal rights as a shareholder is critical in holding companies accountable for deceptive practices.  

Take Action Today  

You don't have to navigate this alone if you are a Celsius shareholder who incurred losses. Joining a class action lawsuit can give you access to experienced attorneys who will fight for your financial recovery.  

  1. Understand your rights as an investor.  
  2. Take the first step toward potential compensation.  

Don't miss the opportunity to hold Celsius accountable.

iStock-11

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we are committed to standing up for shareholders who have been wronged. Our team has extensive experience handling high-stakes class action lawsuits, and we're here to help you evaluate your legal options.  

With our expertise, we will:  

  • Investigate your claims thoroughly.  
  • Seek the maximum compensation you're entitled to.  
  • Keep you informed every step of the way.  

Don't let misleading corporate practices go unanswered. Contact DiCello Levitt today for a free, private case evaluation. Together, we'll assess your case and determine the value of your potential compensation. Take action now to secure your financial future.  

All victims affected by Celsius Holdings, Inc.®’s alleged deceptive practices, and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

100% Free & Secure Case Evaluations

Answer a few basic questions to get started

We'll ask specific questions to understand the situation, damage risk, and other vital information to help determine the next steps.

Receive a confidential evaluation

A qualified legal team led by a Financial Products Litigation attorney will consider the facts of your case.

Celsius® Investors may have grounds to pursue legal action and financial recovery of damages.

This website offers general information only and is not legal or investment advice. This advertisement is not associated with any government agency.

www.stockfraudclaim.com is the property of Shield Legal LLC. 5170 Badura Ave Las Vegas, NV 89118

Participating law firm: DiCello Levitt LLP, 10 North Dearborn Street Sixth Floor Chicago, IL 60602. For additional terms, disclaimers, and conditions, please visit https://dicellolevitt.com/privacy-policy/

This website is not part of the Facebook website or Facebook, Inc., and it is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of Facebook, Inc.

ATTORNEY ADVERTISING. This Website does not provide investment, legal, or medical advice. Every case is evaluated on its facts and circumstances. Valuation depends on facts, injuries, jurisdiction, venue, witnesses, parties, and testimony, among other factors. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. Stock Fraud Claim does not itself provide legal services. Cases will be referred to third-party attorneys and law firms.  Court costs and case expenses may be the responsibility of the client. Not available in all states. This advertisement is not intended as a testimonial, endorsement, or dramatization and does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter, either expressed or implied. Anyone considering a lawyer should independently investigate the lawyer's credentials and ability, and not rely upon advertisements or self-proclaimed expertise. Only persons age 18 or older have permission to access our Service. Our Service does not address anyone under 13 ("Children").

NO ATTORNEY-CLIENT RELATIONSHIP. Use of this website, including sending or receiving information through it, does not establish an attorney-client relationship, nor is any non-passworded information considered privileged or confidential. No class has been certified.  Until a case is filed and a class is certified, you are not represented by counsel unless you retain one.  You may select counsel of your choice.  An attorney-client relationship with DiCello Levitt is established only by an express written agreement signed by DiCello Levitt to represent you.

Attorney Advertising.  Prior results do not guarantee a similar outcome.

Privacy Policy | Terms and Conditions | CCPA Privacy Notice | Do Not Sell My Info

©2024 Stock Fraud Claim. All Rights Reserved