Celsius Holdings, Inc. (NASDAQ: CELH) Securities Class Action

USDC – Southern District of Florida

10/6/2026

CLASS PERIOD: february 21, 2025 – june 3, 2026
LEAD PLAINTIFF DEADLINE: november 3, 2026

Please complete the form below to contact Kaplan Fox regarding the Celsius Holdings class action:

Principal Contacts

About the Celsius Holdings class action lawsuit

A securities class action has been filed against Celsius Holdings, Inc. (NASDAQ: CELH) on behalf of investors who purchased or otherwise acquired Celsius Holdings securities between February 21, 2025 and June 3, 2026 (the “Class Period”). The case was filed in the U.S. District Court for the Southern District of Florida.

Investors who want to ask the court to appoint them lead plaintiff must do so by November 3, 2026. If you invested in Celsius Holdings during the Class Period and lost money, contact Kaplan Fox using the form on this page, by emailing pmayer@kaplanfox.com, or by calling (646) 315-9003.

What the lawsuit alleges

The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements that failed to disclose the cardiac risks of consuming Alani Nu energy drinks due to the amount of caffeine they contain and that the Company was marketing its products to consumers under the age of 18 who were particularly susceptible to known health risks posed by those products.

What happened to Celsius Holdings stock

According to the complaint the truth began to emerge on April 9, 2026, when NBC News and local news outlet MyRGV (Rio Grande Valley) reported that the family of 17-year old Texas cheerleader Larissa Rodriguez had filed a wrongful death lawsuit against two distributors of Alani Nu. The family alleged that Rodriguez died from an enlarged heart caused by drinking Alani Nu energy drinks. According to NBC News, Celsius stated in response, inter alia, “our policy is not to market or sample to anyone under 18”. On this news, Celsius’s stock price fell $1.52 per share, or 4.18%, to close at $34.86 per share on April 10, 2026.

Then, on June 4, 2026, according to the complaint, Texas Attorney General Ken Paxton announced an investigation into Celsius over concerns that its high-caffeine energy drinks are being marketed to children and teens. On news of the investigation, Celsius’s stock price fell $2.26 per share, or 7.53%, to close at $27.75 per share on June 4, 2026.

Who may be eligible

The proposed class includes investors who purchased or otherwise acquired Celsius Holdings securities between February 21, 2025 and June 3, 2026. If you bought during that period and lost money, you may be a member of the class.

Lead plaintiff deadline: November 3, 2026

A lead plaintiff is an investor the court appoints to represent the class and oversee the case on its behalf. Class members who want to serve in that role must move the court no later than November 3, 2026. You need not seek to become a lead plaintiff in order to share in any possible recovery. If you have losses, contact us to learn more about the lead plaintiff process.

Case updates

• November 3, 2026: Deadline to ask the court to be appointed lead plaintiff.

Frequently asked questions

Do I have to become lead plaintiff to recover?

No. You need not seek to become a lead plaintiff in order to share in any possible recovery.

What if I bought Celsius Holdings outside the Class Period?

The complaint as filed covers purchases between February 21, 2025 and June 3, 2026. Contact us if you are not sure whether your purchases qualify.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation’s premier plaintiffs’ securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com