New York, New York--(Newsfile Corp. - May 13, 2022) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Celsius Holdings, Inc. (NASDAQ: CELH) alleging that the Company violated federal securities laws.
Class Period: August 12, 2021 to March 1, 2022
Lead Plaintiff Deadline: May 16, 2022
No obligation or cost to you.
Learn more about your recoverable losses in CELH:
Celsius Holdings, Inc. NEWS - CELH NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Celsius Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (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.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Celsius you have until May 16, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Celsius securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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