
Pomerantz LLP is investigating Celsius Holdings and some of its officers for possible securities fraud following a Texas Attorney General probe into the company's marketing of high-caffeine energy drinks to children and teens. The investigation focuses on whether Celsius and its subsidiary Alani Nutrition violated deceptive trade laws by misrepresenting product safety. Celsius's stock dropped 7.53% after the investigation was announced. This legal scrutiny could impact investor confidence and the company's future operations.