Class Action Lawsuit Filed Against Celsius Holdings Over Alleged Misrepresentation Regarding Caffeine Content in Alani Nu Drinks
Pomerantz LLP has filed a class action lawsuit against Celsius Holdings, Inc. (NASDAQ: CELH) and certain officers over alleged violations of federal securities laws related to the safety claims made about its acquired energy drink brand, Alani Nu. The suit alleges that defendants misrepresented the healthiness and safety of these drinks despite their high caffeine content, which exceeds recommended limits for teenagers and children. Investors who purchased Celsius securities between February 21, 2025, and June 3, 2026, are eligible to join the class action. The lawsuit highlights that Alani Nu's energy drinks contain up to 200 milligrams of caffeine per serving—more than twice what is recommended for adolescents. The company acquired Alani Nutrition LLC in April 2025 for $1.65 billion, and has continued marketing the product aggressively through social media platforms targeting young audiences despite prior regulatory warnings from Canadian authorities. The case seeks to recover damages under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
Tickers: $CELH
Topics: Celsius Holdings class action lawsuit securities fraud
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