CELH.US
id: 823, Created by Stan Vick, Scout
Celsius Holdings (CELH) $7.9M Shareholder Settlement
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim payout
S.D. Florida
Court9:22-cv-80418
Case number12 Aug 2021
Class period Start01 Mar 2022
Class period End27 Dec 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.
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
Lead plaintiff
Сity of Atlanta Police Officers’ Pension Plan
Attorney
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
Total Settlement Amount