Pomerantz LLP has filed a securities class action lawsuit against Celsius Holdings, Inc., alleging the company made false and misleading statements to the market. The lawsuit claims Celsius failed to inform consumers about potential health risks associated with its Alani Nu drinks and marketed them to people under 18.
The action follows a wrongful death lawsuit filed in April 2026 and a Texas Attorney General investigation into Celsius’s marketing practices announced in June 2026. The investigation announcement previously sent Celsius shares down 7.53% on June 4, 2026.
Investors who purchased Celsius securities during the class period have until November 3, 2026, to seek appointment as lead plaintiff.