Celsius Drink Lawsuit SETTLEMENT, Get Your $250 Payout Before the Deadline Passes

If you’ve purchased a Celsius energy drink, you may be eligible for compensation from multiple ongoing lawsuits. A federal judge has already granted final approval to a $7.8 million settlement between Celsius and consumers who claimed the fitness drink company deceived consumers with its “no preservatives” marketing, while new securities fraud claims are advancing through the courts.

Here’s everything you need to know about your potential claims and the money you could receive from these groundbreaking legal cases.

What Are the Celsius Drink Lawsuits About?

There are currently three major legal actions against Celsius Holdings, Inc. that could result in consumer compensation:

1. The “No Preservatives” False Advertising Settlement ($7.8 Million)

If you bought a Celsius drink or drink mix between January 1, 2015 and November 23, 2022, you are eligible for a payout. You will need proof of purchase, such as a receipt, to be able to receive up to $250. If you don’t have proof of purchase, the company will still give you $20.

2. Securities Fraud Class Action (Ongoing)

The Celsius class action lawsuit charges Celsius as well as certain of Celsius’ top executive officers with violations of the Securities Exchange Act of 1934, targeting investors who purchased stock between specific periods.

3. Additional Consumer Protection Claims

Celsius agreed to pay a $3 million settlement to resolve the matter without admitting or denying wrongdoing in separate regulatory proceedings.

Timeline: How Celsius Drink Lawsuits Developed

2015-2022: Celsius marketed beverages with “no preservatives” claims while allegedly containing citric acid, which plaintiffs argued functioned as a preservative.

December 2022: Celsius agreed to a $7.8 million class action lawsuit settlement to resolve claims it falsely marketed its beverages as containing “no preservatives.” No proof of purchase is needed for class members to benefit from the settlement.

April 2023: A federal judge has granted final approval to a $7.8 million settlement for the preservative advertising case.

2024-2025: Celsius investors may, no later than January 21, 2025, seek to be appointed as a lead plaintiff representative of the class in new securities fraud litigation.

Are You Eligible for Celsius Settlement Money?

False Advertising Settlement – Get Up to $250

You qualify if you:

• Purchased Celsius drinks or drink mixes between January 1, 2015 and November 23, 2022
• Live in the United States
• Have proof of purchase (receipts, bank statements, credit card records)

Compensation Amounts:

• With proof of purchase: Up to $250 per claim
• Without proof of purchase: $20 guaranteed payment
• No purchase limit: Multiple purchases can increase your settlement amount

Securities Lawsuit – For Investors Only

You may qualify if you:

• Purchased Celsius Holdings stock (NASDAQ: CELH)
• Suffered financial losses due to alleged securities violations
• Bought shares during the class period (dates vary by lawsuit)
• Have documentation of your stock purchases

How to Claim Your Celsius Settlement Money

Step 1: Determine Your Eligibility

For False Advertising Claims:

• Check your purchase history from 2015-2022
• Gather receipts, credit card statements, or bank records
• Even without receipts, you can still claim $20

For Securities Claims:

• Review your investment portfolio for Celsius stock purchases
• Gather brokerage statements and trade confirmations
• Calculate your financial losses from stock price declines

Step 2: File Your Claim

Consumer Settlement Claims:

• Visit the official settlement administration website
• Complete the claim form with purchase details
• Submit supporting documentation (if available)
• No cost to participate – legitimate settlements never charge fees

Securities Claims:

• You can also contact attorney J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected]
• Consider joining as a lead plaintiff if losses exceed $100,000
• Deadline: January 21, 2025 for lead plaintiff applications

Step 3: Wait for Processing

Settlement administrators typically process claims within 60-120 days after the deadline. Payments are usually distributed via check or electronic transfer.

Understanding the Legal Issues Behind Celsius Lawsuits

The “No Preservatives” Controversy

Celsius heavily marketed its energy drinks as containing “no preservatives,” targeting health-conscious consumers willing to pay premium prices. However, the lawsuit alleged that:

Key Legal Claims:

• Celsius drinks contained citric acid, which functions as a preservative
• The “no preservatives” marketing was misleading to consumers
• Consumers paid premium prices based on false health claims
• The company violated consumer protection laws in multiple states

Securities Fraud Allegations

The investor lawsuits focus on different alleged misrepresentations:

Primary Allegations:

• Celsius highlighted record 4Q23 revenue, driven predominantly by North American revenue, which increased 97% to $333 million, up from $169 million the prior year
• Investors claim these financial representations contained material omissions
• Stock price allegedly inflated based on misleading information
• According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose critical business information

Consumer Protection Law Impact

The Celsius cases demonstrate how consumer protection laws apply to health and wellness marketing claims:

Legal Precedents:

• Companies must substantiate “no preservatives” claims
• Natural ingredients can still function as preservatives legally
• Consumer perception matters in false advertising cases
• Settlements can provide relief even without admission of wrongdoing

Latest Developments and What’s Next

Current Status of All Celsius Lawsuits

False Advertising Settlement:

• Fully approved by federal judge
• $7.8 million fund available for distribution
• Claims still being processed for eligible consumers
• No current deadline – check settlement website for updates

Securities Litigation:

• Lead plaintiff deadline: January 21, 2025
• Multiple law firms competing to represent the class
• Active discovery phase expected through 2025
• Settlement negotiations likely in late 2025 or 2026

Impact on Celsius Business Operations

The legal challenges have prompted Celsius to:

Operational Changes:

• Revise marketing and labeling practices
• Strengthen compliance and legal review processes
• Enhanced disclosure policies for investors
• More conservative financial projections and guidance

Financial Impact:

• Settlement costs reflected in quarterly earnings
• Legal expenses ongoing through litigation
• Potential additional regulatory scrutiny
• Stock volatility from lawsuit announcements

How Much Money Can You Actually Get?

Realistic Settlement Expectations

False Advertising Claims:

• Average payout: $40-80 for consumers with receipts
• Maximum potential: $250 (requires substantial purchase history)
• Without receipts: $20 guaranteed
• Processing time: 2-4 months after claim submission

Securities Claims:

• Depends entirely on: Stock losses and total settlement fund
• Typical range: 5-15% of documented losses
• Large investors: May recover more through lead plaintiff positions
• Timeline: 1-3 years for final resolution

Tax Implications of Settlement Payments

Consumer Settlements:

• Generally not taxable income (compensation for overcharges)
• No 1099 forms typically issued for small amounts
• Consult tax professional for amounts over $1,000

Securities Settlements:

• May be tax-deductible losses or taxable recoveries
• Professional tax advice recommended
• Keep detailed records of original purchases and settlement amounts

Alternative Legal Options

Individual Lawsuits vs. Class Actions

Individual Claims:

• Higher potential recovery for significant damages
• More control over case strategy and timing
• Requires private attorney and upfront costs
• Better for unique circumstances or large losses

Class Action Benefits:

• No upfront costs or attorney fees
• Strength in numbers for settlement negotiations
• Professional legal representation provided
• Simpler claim process for consumers

State-Level Consumer Protection Claims

Some consumers may have additional rights under state laws:

Potential Claims:

• State deceptive practices acts
• Breach of warranty claims
• Unjust enrichment theories
• Consumer fraud statutes

Limitations:

• May be preempted by federal class action
• Shorter statutes of limitations
• Varies significantly by state
• Legal counsel recommended for evaluation

Frequently Asked Questions About Celsius Lawsuits

Q: Can I still file a claim if I don’t have receipts?

A: No proof of purchase is needed for class members to benefit from the settlement. You can receive $20 even without receipts, though proof of purchase increases your potential compensation to $250.

Q: What if I bought Celsius drinks after November 2022?

A: The false advertising settlement only covers purchases through November 23, 2022. However, if you have consumer protection concerns about more recent purchases, consult with a consumer protection attorney about individual claims.

Q: Are there deadlines to file claims?

A: The consumer settlement may still be accepting claims – check the official settlement website. ClaimsFiler reminds investors that they have until January 21, 2025 to file lead plaintiff applications for the securities lawsuit.

Q: How do I know if a settlement website is legitimate?

A: Legitimate settlement websites are operated by court-approved claims administrators. They never charge fees to participate and are typically announced in legal notices or by attorneys representing the class.

Q: Can I participate in both the consumer and securities lawsuits?

A: Yes, if you both purchased Celsius products as a consumer AND owned Celsius stock as an investor, you may be eligible for both types of compensation.

Q: What if I experienced health problems from Celsius drinks?

A: The current lawsuits focus on false advertising and securities fraud, not health claims. If you believe Celsius products caused health issues, consult with a personal injury attorney about individual medical claims.

Q: Will Celsius stop selling drinks because of these lawsuits?

A: No, these lawsuits target specific marketing practices and financial disclosures. Celsius continues operating and selling products with updated labeling and marketing approaches.

Q: How long until I receive settlement money?

A: Consumer settlements typically pay within 3-6 months after final approval. Securities settlements can take 1-3 years to resolve completely.

Red Flags: Avoid Settlement Scams

Legitimate Settlement Characteristics

• No upfront fees required to participate
• Official court documents available for review
• Established law firms handling the case
• Court-approved claims administrators
• Clear eligibility criteria and deadlines

Warning Signs of Scams

• Fees required to file claims
• Pressure tactics to join immediately
• Promises of guaranteed large payouts
• Requests for sensitive financial information
• No official court case number or documentation

Take Action: Protect Your Rights

If you purchased Celsius drinks:

1. Gather documentation of purchases from 2015-2022
2. Visit the official settlement website to file your claim
3. Submit your claim promptly – don’t wait for deadlines
4. Keep records of your claim submission
5. Be patient – settlement processing takes time

If you owned Celsius stock:

1. Review your portfolio for Celsius Holdings (CELH) purchases
2. Calculate your losses from stock price declines
3. Contact qualified securities attorneys before January 21, 2025
4. Consider lead plaintiff participation if losses exceed $100,000
5. Preserve all trading records and documentation

The Bottom Line on Celsius Drink Settlements

The Celsius legal cases represent a significant victory for consumer protection and investor rights. The popular energy drink company Celsius just reached an agreement in a class action lawsuit that could award customers up to $250 each, while ongoing securities litigation could provide additional relief for investors.

Key Takeaways:

• Multiple settlement opportunities available for different types of claims
• No proof of purchase required for basic consumer settlement participation
• Significant compensation possible for consumers with purchase documentation
• Active securities litigation continues for Celsius investors
• Professional legal representation handling all major cases

Critical Deadlines:

• Securities lawsuit lead plaintiff deadline: January 21, 2025
• Consumer settlement claims: Check official website for current status

The Celsius lawsuits demonstrate that companies cannot make unsubstantiated health claims or mislead investors without consequences. Whether you’re a consumer who purchased Celsius drinks or an investor who owned company stock, you may have valuable legal rights worth pursuing.

Need Legal Help? If you have significant damages from Celsius products or stock investments, consult with experienced class action attorneys who can evaluate your specific situation and maximize your potential recovery.

Disclaimer: This article provides general information about ongoing litigation and should not be considered legal advice. Settlement terms, deadlines, and eligibility requirements may change. Always consult official court documents and qualified legal counsel for guidance specific to your situation.