Gross Law Firm Announces Class Actions on Behalf of CELH, GRAB and VRT Shareholders

0

NEW YORK, NY/ACCESSWIRE/April 28, 2022/ Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of the shareholders of the following publicly traded companies. Shareholders who purchased shares in the following companies on the dates indicated are encouraged to contact the company regarding a possible lead plaintiff appointment. Appointment as lead plaintiff is not required to participate in any recovery.

Celsius Holdings, Inc. CELH

Investors concerned: August 12, 2021 – March 1, 2022

A class action lawsuit has been filed on behalf of certain stockholders of Celsius Holdings, Inc. The filed lawsuit alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the company registered incorrectly expensed non-cash stock compensation for the second and third quarters of 2021; (2) as a result, the Company’s financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius’s internal controls over financial reporting; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and/or lacked reasonable basis.

Shareholders can find more information at https://securitiesclasslaw.com/securities/celsius-holdings-inc-loss-submission-form/?id=26485&from=1

Grab Holdings Limited GRAB

Investors concerned: November 12, 2021 – March 2, 2022

A class action lawsuit has been brought on behalf of certain shareholders of Grab Holdings Limited. The filed complaint alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Grab’s driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to “preemptively recalibrate the driver supply”; (3) as a result, the Company’s financial results would be adversely affected, including, among other things, a significant decline in revenues; and (4) as a result of the foregoing, defendants’ positive statements about the company’s business, operations and prospects were materially
misleading and/or lacking a reasonable basis.

Shareholders can find more information at https://securitiesclasslaw.com/securities/grab-holdings-limited-loss-submission-form/?id=26485&from=1

Vertiv Holdings Co TRV

Investors concerned: April 28, 2021 – February 23, 2022

A class action lawsuit has been filed on behalf of certain shareholders of Vertiv Holdings Co. The filed lawsuit alleges that the defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) due to increased costs, Vertiv’s revenues would be adversely affected; and (3) as a result of the foregoing, defendants’ positive statements regarding the Company’s business, operations and prospects were materially misleading and/or lacked reasonable basis.

Shareholders can find more information at https://securitiesclasslaw.com/securities/vertiv-holdings-co-loss-submission-form/?id=26485&from=1

Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company have caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: [email protected]
Telephone: (212) 537-9430
Fax: (833) 862-7770

THE SOURCE: The Raw Law Firm

See the source version on accesswire.com:

https://www.accesswire.com/699270/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-CELH-GRAB-and-VRT

Share.

About Author

Comments are closed.