CELH.US
id: 823
Celsius Holdings (CELH) $7.9M Shareholder Settlement
S.D. Florida
Court9:22-cv-80418
Case number08/12/2021
Class period Start03/01/2022
Class period End12/27/2023
Claim deadlineCelsius 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
+$7,900,000
Cash Settlement Amount