Celsius Holdings, Inc. Class Action Lawsuit - CELH

Company
Celsius Holdings, Inc. (NASDAQ: CELH)
Lead Plaintiff Deadline
May 16, 2022 (Expired)
Class Period
August 12, 2021 - March 1, 2022

Expired

Lead Plaintiff Deadline

May 16, 2022

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Allegations

(1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company’s financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius’s internal controls over financial reporting; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the CELH class action lawsuit, you must have incurred a loss on shares of Celsius purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Celsius during the relevant time frame or pursuant to the relevant offering(s), you have until May 16, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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