Portnoy Law Firm Announces Class Action on Behalf of Celsius Holdings, Inc. Investors
LOS ANGELES, Sept. 08, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Celsius Holdings, Inc., (“Celsius” or the "Company") (NASDAQ: CELH) investors of a class action on behalf of investors that bought securities between February 21, 2025 - June 3, 2026, inclusive (the “Class Period”). Celsius investors have until November 3, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/celsius-holdings-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the complaint, Celsius acquired Alani Nutrition LLC, a maker of highly caffeinated drinks, on April 1, 2025. Although defendants represent that Alani Nu drinks are safe and healthy, the plaintiff contends that a single 12-ounce drink contains 200 milligrams of caffeine—more than double the 100-milligram daily limit recommended for teenagers and children aged 12 to 17. Despite the risks these beverages present to teens, the company markets them to young consumers while simultaneously asserting a commitment not to do so. Furthermore, the complaint alleges that during the class period, defendants failed to disclose to investors that their products did not adequately warn of cardiac risks and that marketing to individuals under 18 targeted a demographic particularly susceptible to those health hazards. Consequently, this created a non-speculative risk of consumers suffering potentially fatal adverse health events, which, once revealed, was likely to inflict a significant negative impact on the company's business and reputation, rendering the defendants' public statements materially false and misleading at all relevant times.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
Attorney Advertising
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
