Celsius Holdings (CELH) Hit with Investor Class Action Amid Accusations of Oversold Inventory to Pepsi– Hagens Berman
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Celsius Holdings is facing a securities class action lawsuit for allegedly misrepresenting financial performance related to its dealings with PepsiCo. The lawsuit, led by Hagens Berman, claims Celsius concealed crucial information, impacting investors who purchased shares during the specified class period.
December 19, 2024 | 6:45 pm
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Celsius Holdings is involved in a class action lawsuit for allegedly misrepresenting financial performance related to PepsiCo, potentially impacting its stock price negatively.
The lawsuit alleges Celsius misrepresented financial information, which could lead to a loss of investor confidence and a potential drop in stock price. Legal issues often result in negative sentiment and volatility.
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