New York, New York–(Newsfile Corp. – April 4, 2022) – Levi & Korsinsky, LLP notifies investors in Celsius Holdings, Inc. (“Celsius” or the “Company”) (NASDAQ: CELH) of a class action securities lawsuit.

The lawsuit on behalf of Celsius investors has been commenced in the the United States District Court for the Southern District of Florida. Affected investors purchased or otherwise acquired certain Celsius securities between August 12, 2021 and March 1, 2022. Follow the link below to get more information and be contacted by a member of our team:

Celsius Holdings, Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=MiPhB0LueuA

Celsius Holdings, Inc. NEWS – CELH NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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 SHAREHOLDERS: If you suffered a loss in Celsius during the relevant timeframe, you have until May 16, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team…