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( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 29, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Celsius Holdings, Inc. (NASDAQ: CELH) between February 29, 2024 and September 4, 2024, both dates inclusive (the“Class Period”), of the important January 21, 2025 lead plaintiff deadline . SO WHAT: If you purchased Celsius common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Celsius class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email ... for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2025 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Celsius materially oversold inventory to PepsiCo, Inc. (“Pepsi”) far in excess of demand, and faced a looming sales cliff during which Pepsi would significantly reduce its purchases of Celsius products; (2) as Pepsi drew down significant amounts of inventory overstock, Celsius' sales would materially decline in future periods, hurting Celsius' financial performance and outlook; (3) Celsius' sales rate to Pepsi was unsustainable and created a misleading impression of Celsius' financial performance and outlook; (4) as a result, Celsius' business metrics and financial prospects were not as strong as indicated in defendants' Class Period statements; and (5) consequently, defendants' statements regarding Celsius' outlook and expected financial performance were false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Celsius class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email ... for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: , on Twitter: or on Facebook: . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 ... MENAFN29122024004107003653ID1109039951 Legal Disclaimer: MENAFN provides the information “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 provider above.

Korea, Oman to promote ties in renewable energy sectorGreece’s second largest city, Thessaloniki , is getting a brand new subway system that will showcase archaeological discoveries made during construction that held up the project for decades. The 9.6-kilometer inaugural line will officially open on Nov. 30, using driverless trains and platform screen doors. Construction began in earnest in 2003 and unearthed a treasure trove of antiquities in a vast excavation beneath the densely populated city of a million residents. “This project offers a remarkable blend of the ancient and modern, integrating archaeological heritage with metro infrastructure,” Christos Staikouras, the transport and infrastructure minister, told reporters Friday on a media tour of the subway. Tunneling followed ancient commercial routes through the center of the port city that has been continuously inhabited since ancient times. It exposed a Roman-era thoroughfare, ancient Greek burial sites, water and drainage systems, mosaics and inscriptions and tens of thousands of artifacts spanning centuries, also through Byzantine and Ottoman rule. The tunnels had to be bored at a greater depth than originally planned, adding cost and delays, to preserve the ancient discoveries. Key pieces of what was found have been put on display along the underground network of 13 stations including a section of the marble-paved Roman thoroughfare at the central Venizelou Station. “The project faced substantial delays and many challenges, including over 300,000 archaeological finds, many of which are now showcased at various stations along the main line,” Staikouras said. The Thessaloniki metro was first conceived more than a century ago and its completion has been greeted with quiet amazement by residents who for years used the metro project as a punchline for bureaucratic delays and undelivered promises. Government officials said the cost of the metro so far has reached 3 billion euros ($3.1 billion) for the completed first line of the subway system and most of a second line which is currently under construction and due to be delivered in a year. The construction consortium was made up by Greece’s Aktor, Italy’s Webuild and Japan’s Hitachi Rail.

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