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CELH.US
id: 823

Celsius Holdings (CELH) $7.9M Shareholder Settlement

The process of distributing settlement funds to claimants has started.
$7,900,000
Cash Settlement
S.D. Florida
Court
9:22-cv-80418
Case number
08/12/2021
Class period Start
03/01/2022
Class period End
12/27/2023
Claim deadline
Celsius Holdings (CELH) settles $7.9 million with shareholders to end claims over failing to disclose to investors that $CELH improperly recorded expenses for non-cash share-based compensation for Q2 and Q3 2021.
Case Status
Disbursement
Alleged Offence
Misleading Statements, 
Financial Misrepresentation, 
Failure to Disclose, 
Omissions
Suspected Party
Directors, 
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.56
Filing date
03/16/2022
Lead Plaintiff Deadline
05/16/2022
Plaintiffs
Сity of Atlanta Police Officers’ Pension Plan
Attorneys
Grant & Eisenhofer P.A.
Defendants
John Fieldly, Edwin Negron-Carballo
Judge
Hon. Donald M. Middlebrooks
Administrator
KCC
Settlement agreement date
2023-08-02
Court hearing date
01/31/2024
Exclusion deadline
01/10/2024
Objection deadline
01/10/2024
Hearing deadline
01/10/2024
Trades matching type
FIFO
Disbursement date
01/06/2025

Celsius Holdings Inc

Celsius Holdings, Inc. develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally...

    Ticker
    CELH.US
    ISIN
    US15118V2079
    CIK
    0001341766
    Sector
    Consumer Defensive
    Industry
    Beverages - Non-Alcoholic
    Country
    USA
    Address
    2381 NW Executive Center Drive, Boca Raton, FL, United States, 33431