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CELH.US
id: 823

Celsius Holdings (CELH) $7.9M Shareholder Settlement

It is still possible to file a late claim. The court will decide whether to accept late claims or not.
S.D. Florida
Court
9:22-cv-80418
Case number
12 Aug 2021
Class period Start
01 Mar 2022
Class period End
27 Dec 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
Accepting Late Claims
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
16 March 2022
Lead Plaintiff Deadline
16 May 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
31 January 2024
Exclusion deadline
10 January 2024
Objection deadline
10 January 2024
Hearing deadline
10 January 2024
Trades matching type
FIFO
+$7,900,000
Cash Settlement Amount