The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Celsius Holdings, Inc.
Overview
LOS ANGELES, CA / ACCESSWIRE / December 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors of a class action lawsuit against Celsius Holdings, Inc. (“Celsius” or “the Company”) (NASDAQ:CELH) for violations of the Securities Exchange Act of 1934.
Details of the Lawsuit
The lawsuit alleges that Celsius violated 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between February 29, 2024, and September 4, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before January 21, 2025.
This lawsuit is significant as it highlights potential misconduct by Celsius Holdings, Inc. during the specified Class Period. Investors who have been affected by these violations may be entitled to compensation for their losses.
Impact on Investors
As an investor in Celsius Holdings, Inc., this class action lawsuit may directly impact your investment. If you purchased the Company’s securities during the Class Period, it is important to seek legal advice and guidance on how to proceed in light of these allegations. Your financial interests could be at stake, and it is crucial to protect your rights as a shareholder.
Global Impact
On a broader scale, the outcome of this lawsuit could have repercussions beyond individual investors. It may influence how companies conduct business, adhere to regulations, and interact with shareholders. The resolution of this case could set a precedent for accountability and transparency in the corporate world, impacting the global market and investor confidence.
Conclusion
In conclusion, the class action lawsuit against Celsius Holdings, Inc. underscores the importance of corporate governance and investor protection. As this legal battle unfolds, investors need to stay informed and vigilant about their rights and potential remedies. The outcome of this case has the potential to reshape how companies operate and communicate with their stakeholders, both at a local and global level.
