Class Action Lawsuit Filed Against Celsius Holdings Over Alani Nu Product Risks

A class action lawsuit has been filed against Celsius Holdings, Inc. (NASDAQ: CELH) by Bronstein, Gewirtz & Grossman LLC on behalf of investors who purchased the company's securities between February 21, 2025 and June 3, 2026. The complaint alleges that Celsius made materially false or misleading statements regarding its Alani Nu energy drinks, particularly concerning their cardiac risks and marketing to minors under age 18. The lawsuit claims these practices posed a material risk of harm to consumers and could have significantly damaged the company's business reputation once disclosed. As a result, investors were allegedly misled about Celsius' compliance policies and future prospects during this period. Investors who suffered losses may seek lead plaintiff status by November 3, 2026. The firm is representing shareholders on a contingency basis, meaning it will only receive compensation if the case results in a recovery.

By Bronstein, Gewirtz & Grossman, LLC · PR Newswire ·

Class Action Lawsuit Filed Against Celsius Holdings Over Alani Nu Product Risks

Tickers: $CELH

Topics: class action investor rights securities fraud

Read the full article at PR Newswire

More Politics news