Pomerantz LLP filed a class-action lawsuit against Celsius Holdings, Inc. The legal action follows an investigation by Texas Attorney General Ken Paxton announced on June 4, 2026.
The investigation examines potential violations of the Texas Deceptive Trade Practices Act. Authorities are reviewing whether the company marketed high-caffeine energy drinks to minors and misrepresented product safety.
Celsius shares fell 7.53% following the initial announcement of the investigation in June. Ongoing legal proceedings may trigger further stock price volatility for investors.