DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Celsius

Pr Newswire - Dec 18th, 2024

Faruqi & Faruqi, LLP, a national securities law firm, is investigating claims against Celsius Holdings, Inc. for allegedly making false and misleading statements about its financial performance. These claims suggest that Celsius oversold inventory to PepsiCo, resulting in a significant reduction in sales and a decline in financial metrics. Investors who suffered losses exceeding $75,000 between February 29, 2024, and September 4, 2024, are encouraged to contact the firm to discuss their legal options. The deadline for seeking the role of lead plaintiff in the class action is January 21, 2025. The firm is also seeking information from whistleblowers and others with knowledge of Celsius's conduct.

Celsius Holdings Securities Litigation Class Action Investor Losses Pepsi Co

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RATING

6.6

Fair Story

Consider it well-founded

The article serves as a legal notice encouraging investors to contact Faruqi & Faruqi, LLP regarding potential securities litigation against Celsius Holdings, Inc. It primarily focuses on legal proceedings rather than providing an in-depth analysis or multiple perspectives on the case.

Accuracy

The article accurately presents allegations and facts regarding the stock performance of Celsius Holdings, Inc. and potential legal actions. It provides specific figures and dates related to the stock drop and financial results, which are verifiable through public financial records and news reports.

Balance

The article is inherently biased as it is a legal advertisement from a law firm seeking clients for litigation. It does not present any counterarguments or perspectives outside of the law firm's claims against Celsius Holdings, Inc.

Clarity

The article uses clear and straightforward language to convey its message. However, the legal jargon and technical terms regarding stock performance and litigation may not be easily understood by all readers who are not familiar with financial or legal terminology.

Source quality

The source is a law firm specializing in securities litigation, which is credible for the context of legal proceedings. However, it lacks third-party verification or additional sources to corroborate the claims, which affects the overall assessment of source quality.

Transparency

The article is transparent about its purpose and the legal actions being discussed. However, it does not disclose any potential conflicts of interest beyond the law firm's intent to represent plaintiffs, which could influence the impartiality of the information.