CELH Shareholder Alert: Bronstein, Gewirtz and Grossman, LLC

A class action lawsuit has been filed against Celsius Holdings, Inc. (NASDAQ: CELH) and some of its officers. This legal action alleges that the Company made false or misleading statements that led to a drop in Celsius’s stock price.

The lawsuit claims that Celsius overstated the expansion of its customer base and the demand for its products, causing investors to be misled about the Company’s financial performance. As a result, when the truth came to light, Celsius’s stock price suffered a significant decline.

Investors who purchased Celsius stock between March 12, 2021, and April 29, 2021, may be eligible to join the class action lawsuit. If you fall into this category and want to participate in the legal proceedings, it is crucial to act promptly. Seek legal advice to understand your rights and options in this matter.

It is important to note that these are just allegations at this stage, and Celsius Holdings, Inc. is entitled to defend itself in court. As the case progresses, more information will become available, shedding light on the validity of the claims made against the Company.

If you are a Celsius investor and have concerns about how this lawsuit may impact your investments, consider reaching out to your financial advisor for guidance. Stay informed, stay vigilant, and remember to do your own research before making any decisions regarding your investment portfolio.