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White House announces nearly $1 billion in military assistance to UkraineRADNOR, Pa., Dec. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of Florida against Celsius Holdings, Inc. (“Celsius”) (NASDAQ: CELH) on behalf of those who purchased or otherwise acquired Celsius common stock between February 29, 2024, and September 4, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is January 21, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Celsius losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/celsius-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=celh&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com . DEFENDANTS’ ALLEGED MISCONDUCT: The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) 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; (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. THE LEAD PLAINTIFF PROCESS: Celsius investors may, no later than January 21, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Celsius investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO : https://www.ktmc.com/new-cases/celsius-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=celh&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com . CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. (484) 270-1453 280 King of Prussia Road Radnor, PA 19087 info@ktmc.com May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
The largest political party in the EU has been forced to U-turn after sparking fury over a post about the British Overseas Territory, the Falkland Islands. The European People’s Party (EPP) Group caused controversy when it posted on X (formerly Twitter) about the trade agreement between the EU and Mercosur, a trade bloc made up of Argentina, Bolivia, Brazil, Paraguay and Uruguay, with seven other associate members. The agreement was signed on Friday, December 6, The EPP, which has been the largest political group in the European Parliament since 1999 with 188 MEPs and is one of the oldest parties, said of the agreement on X: “We welcome the conclusion of negotiations on the Mercosur Agreement. We welcome the conclusion of negotiations on the #Mercosur Agreement. We are creating the largest free trade zone in the world, with an additional market of 260 million potential consumers of European goods. It is a win-win for European and South American countries. pic.twitter.com/sHmGreNGxY “We are creating the largest free trade zone in the world, with an additional market of 260 million potential consumers of EU goods. It is a win-win for European & South American countries.” But alongside their initial post was a map of Europe and South Africa with the involved countries highlighted in blue, including the Falkland Islands. Many in the replies pointed out that the Falkland Islands would not be included in the trade agreement due to them being British-owned and the UK not being part of the EU anymore. Why are the Falklands in blue here @EPPGroup ? https://t.co/VhLLG8898Z X users called them “clowns” and urged them to “check their graphic”. Within an hour, the EPP posted again with a new corrected picture that did not have the remote islands, which have been under British control since 1833, highlighted. Others criticised the EPP’s support for the agreement, saying it was “disgraceful” and would “single-handedly strangle the European agricultural sector”. Many are also concerned about the potential impact on the environment, with some saying it was a “facilitation of a worsening in climate change” and “exporting environmental damage to South America”. The EU is Mercosur's number one trade and investment partner. The EU exported £46 billion in goods to Mercosur in 2023 and £23 billion in services in 2022. It is also the biggest foreign investor in Mercosur with a stock of £282 billion in 2021.
Team GB cyclist Katy Marchant falls into crowd and breaks arm after clash with German rival