Celsius Holdings, Inc. Securities Fraud Class Action Result of Health and Marketing Misrepresentations and Over 7% Stock Decline - Investors May Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC
Celsius Holdings, Inc. Securities Fraud Class Action Result of Health and Marketing Misrepresentations and Over 7% Stock Decline - Investors May Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until November 3, 2026 to file lead plaintiff applications in a securities class action lawsuit against Celsius Holdings, Inc. (“Celsius” or the “Company”) (NasdaqCM: CELH), if they purchased the Company’s securities between February 21, 2025 and June 3, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Florida.
What You May Do
If you purchased securities of Celsius as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3615 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqcm-celh/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 3, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Celsius Holdings and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 9, 2026, media outlets reported that the family of a 17-year-old girl had filed a wrongful death lawsuit against two distributors of Alani Nu energy drinks, a brand the Company acquired on April 1, 2025 for a net purchase price of $1.65 billion, alleging that she died from an enlarged heart caused by drinking the energy drinks, which “had inadequate warnings about the serious cardiac risks” of consuming them. On this news, the price of Celsius Holdings shares fell $1.52, or approximately 4.2%, to close at $34.86 on April 10, 2026.
Then, on June 4, 2026, the Texas Attorney General announced an investigation into the Company for potentially marketing its high-caffeine energy drinks to children and teens, and to determine whether it violated the Texas Deceptive Trade Practices Act by misrepresenting the safety of its products. On this news, the price of Celsius Holdings shares fell $2.26, or approximately 7.5%, to close at $27.75 on June 4, 2026.
The case is Majkowski v. Celsius Holdings, Inc., et al., No. 26-cv-62465.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-833-538-3615
1100 Poydras St., Suite 960
New Orleans, LA 70163
