
Celsius Holdings is under investigation by the Texas Attorney General for allegedly marketing high-caffeine energy drinks to children and teens, potentially violating deceptive trade laws. The probe focuses on Celsius and its subsidiary Alani Nutrition regarding the safety claims of their products. Following the announcement, Celsius's stock price fell by 7.53% on June 4, 2026. Legal firm Pomerantz LLP is investigating possible securities fraud or unlawful practices by Celsius and its executives, offering investors a chance to join a class action lawsuit.