SAN DIEGO , Dec. 10, 2024 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of all purchasers of Celsius Holdings, Inc. (NASDAQ: CELH ) common stock between February 29, 2024 and September 4, 2024 . Celsius is a holding company that develops, processes, markets, distributes, and sells energy drinks and liquid supplements in the United States and internationally. For more information, submit a form , email attorney Aaron Dumas, Jr. , or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Celsius Holdings, Inc. (CELH) Misled Investors Regarding its Business Prospects According to the complaint, during the class period, defendants failed to disclose that: (a) Celsius materially oversold inventory to Pepsi far in excess of demand, and faced a looming sales cliff during which Pepsi would significantly reduce its purchases of Celsius products; (b) as Pepsi drew down significant amounts of inventory overstock, Celsius' sales would materially decline in future periods, hurting the Company's financial performance and outlook; (c) Celsius' sales rate to Pepsi was unsustainable and created a misleading impression of Celsius' financial performance and outlook; and (d) as a result, Celsius' business metrics and financial prospects were not as strong as indicated in defendants' class period statements. When the truth came out, the price of Celsius' stock dropped, harming investors. What Now : You may be eligible to participate in the class action against Celsius Holdings, Inc. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 21, 2025 . A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Celsius Holdings, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. SOURCE Robbins LLP
Last asylum seekers leave controversial UK bargeIn a sharp rebuttal to claims that the low voter turnout in the 2024 presidential elections was the reason behind John Mahama’s victory, University of Ghana Political Science lecturer, Professor Ransford Gyampo, has dismissed such claims as “nonsensical” and a misguided attempt to deflect attention from the New Patriotic Party’s (NPP) failure. Speaking on TV3’s Key Points program on Saturday, December 28, Gyampo expressed his frustration with the narrative pushed by some NPP figures, who have suggested that voter apathy was the primary factor behind the election results. “The idea that John Mahama won the 2024 elections because people did not go out to vote in my view is a nonsensical propagandistic attempt at covering up for incompetence and bad governance,” Gyampo said, rejecting the theory as an attempt to avoid accountability for the party’s shortcomings. The political analyst emphasized that blaming voter apathy without examining the root causes of it was disingenuous. “If you say that people did not go out to vote without interrogating why they did not go out to vote, then it means that you’re just being propagandistic and you are trying to mask your bad governance and incompetence,” Gyampo argued. According to Gyampo, the real reasons for the low voter turnout were far more complex than mere apathy. He pointed to a range of issues such as corruption, economic mismanagement, arrogance, and nepotism, which he believes led to widespread disenchantment with the NPP government. “People didn’t vote because they felt let down, because of corruption, arrogance, economic mismanagement, nepotistic governance,” he said, asserting that these factors significantly impacted the electorate’s decision to stay home on election day. Gyampo’s comments came in response to reports that the NPP had formed a committee to investigate why the party lost the election. The lecturer questioned the need for such an inquiry, pointing out that the reasons behind the defeat were already clear. “If they know apathy caused it, why are they setting up a committee to go into the reason why you lost?” he asked rhetorically. “Come to us, we will tell you all the factors that led to the monumental defeat of the NPP.” Gyampo’s candid assessment reflects a broader frustration with the party’s failure to confront its own shortcomings and take responsibility for the factors that contributed to its electoral defeat. His remarks underscore the need for a more honest and comprehensive examination of the government’s policies and actions in order to understand the true causes of the election outcome.Olivia Hussey, star of the 1968 film 'Romeo and Juliet,' dies at 73
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THUNDER BAY — Think of Wednesday’s Reverse Expo as speed dating for companies in the minerals sector. Four mining companies came to a local hotel ballroom and gave presentations to local companies that supply and service the sector. Following their presentations, the miners had business-to-business meetings with the service and supply businesses. One person hearing what the miners had to say was Denise Atkinson, a Red Rock Indian Band member who is chief executive officer of Tipi Horse Connects, which connects employers with Indigenous workers. “It’s been amazing,” Atkinson said of the Reverse Expo held by the Thunder Bay Community Economic Development Commission and MineConnect. “There’s such a great cross section of different corporations, other entrepreneurs,” she said. “It’s great to have a seat at the table with all these amazing companies. “Mining companies are working on our traditional territories, so it’s really important for us as Indigenous entrepreneurs to get a chance at ... these opportunities in our area,” Atkinson said. The mining companies at the expo were First Mining Gold, Newmont Musselwhite (soon to be part of Orla Mining), West Red Lake Gold Mines and Green Technology Metals. First Mining is trying to start an open-pit mine at Springpole Lake in Northwestern Ontario. The Musselwhite gold mine recently acquired from Newmont by Orla Mining employs hundreds of people at a site north of Pickle Lake. West Red Lake told the expo it plans to restart the Madsen gold mine in the Red Lake district. Green Technology’s projects include the Seymour lithium project near Armstrong. The provincial government wants “to make sure that more local Northwestern Ontario businesses are involved” as mining grows in Northwestern Ontario, Kenora-Rainy River MPP and Northern Development Minister Greg Rickford told Newswatch at the expo. “And the reason I’m here with respect to that is, many of those businesses are currently supported through the Northern Ontario Heritage Fund,” he added. “And so the Northern Ontario Heritage Fund is a partner with that business ... We want them to know that we’ve got their back and that they’ve got this.” Jamie Taylor, CEO of the Thunder Bay Economic Development Commission, said the city “is definitely a regional hub for mining supply and service. We have over 400 supply and service companies that are registered with us on our mining supply service list.” She said the expo “exemplifies (the commission’s) commitment to fostering partnerships and driving economic growth. “By connecting our local businesses directly with industry leaders, we’re unlocking opportunities that will strengthen our community and ensure a sustainable future.”
Showdown: CU Buffs set to host rivalry battle against CSU RamsAbbeville Christian Academy is looking for a new head football coach following the resignation of Matthew Mims. Mims guided the Generals for three seasons. After a 4-7 season in his first year in 2022, ACA went 1-9 and 2-8 in the last two seasons. Both his first and third teams made the AISA state playoffs. While he has resigned from football, Mims remains at the school as a junior high history teacher, the head junior high baseball coach and assistant athletic director. As of now, he plans to stay at ACA through the school year in May. “I stepped down at this time to allow somebody else to come in that these boys deserve that can lead them in the right direction,” Mims said, adding he turned in his resignation on Monday, Nov. 11, a couple of days after the Generals’ season ended in a first-round playoff loss. “I thought it was best to give Abbeville Christian Academy the best possible coach (to take over). I have really enjoyed my time here. It has been family and a great experience. “I just feel I owe it to that younger group coming through to give them the best person possible to be the next football coach at Abbeville Christian. I think our administration is going to do a fantastic job of finding the right person.” Mims came to ACA from an assistant coaching role at Evangel Christian Academy. A former high school quarterback, Mims is a 2012 graduate of Jemison High School in Chilton County and a 2017 graduate of Huntingdon College in Montgomery. He began his coaching career at Sidney Lanier in 2013 while attending school at Huntingdon. He was the quarterback coach of the Poets for two seasons before moving to the AISA ranks at Hooper Academy as offensive coordinator. After one season at Hooper and graduating from Huntingdon, he was hired at Chambers Academy where he was an offensive assistant to head coach Jason Allen. While at Chambers, he was part of the Rebels’ 2017 state runner-up team and the 2018 state championship team. Following two seasons at Chambers, he moved to the junior college coaching ranks, serving as quarterbacks coach at Independence Community College in the Jayhawk Conference in Kansas for one season. He then became the offensive coordinator at Nowata High School in Oklahoma before landing a head coaching job at Baxter Springs (Kansas). After one season at Baxter Springs, he wanted to return to Alabama, doing so at Evangel Christian Academy. Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox! {{description}} Email notifications are only sent once a day, and only if there are new matching items.
