Robbins LLP Alerts Shareholders: New Class Action Lawsuit Targets Celsius Holdings, Inc. Over Investor Concerns

Investors who hold shares in Celsius Holdings, Inc. are currently facing legal challenges as a class action lawsuit has been filed against the beverage company. The complaint, lodged on behalf of the shareholders, alleges severe financial misconduct and misrepresentation by Celsius Holdings which has led to considerable losses for investors. The legal action centers on accusations that Celsius Holdings provided misleading financial data to the public, significantly inflating its market value. This came to light after a forensic financial review suggested that some of the reported financial successes were overstated, misleading investors about the company’s … Read more

Faegre Drinker Bolsters Los Angeles Team with Key Litigator from Ellis George LLP

Los Angeles, CA – Faegre Drinker Biddle & Reath LLP, a prominent law firm known for its robust legal practices, has recently bolstered its product liability and mass torts group by hiring a seasoned litigator. The attorney, formerly associated with Ellis George LLP, brings a wealth of expertise to the firm, particularly in handling complex litigation matters. The move signifies Faegre Drinker’s commitment to deepening their bench strength in key areas of practice which are critical at a time when product liability cases are becoming more intricate and widespread. The addition of a lawyer with … Read more

Steptoe LLP Loses Three Partners as Venable LLP Gains Ground in Product Liability and Mass Torts Practice

Chicago and Los Angeles have witnessed a significant departure of three partners in the fields of product liability and mass torts from the renowned law firm Steptoe LLP. These partners have now found a new professional home at Venable LLP, marking a significant transition in the legal landscape. The announcement regarding this move was made on Tuesday, and it has garnered considerable attention within the legal community. This development underscores the competitive nature of the legal industry, where high-profile attorneys constantly seek new opportunities to expand their practice and make a greater impact. By joining … Read more

Duane Morris LLP Presents Groundbreaking Product Liability and Mass Torts Class Action Review – 2024, Offering Expert Insight for Organizations Facing Legal Challenges

Chicago, IL – Duane Morris LLP, a leading law firm, has released its inaugural publication, the Duane Morris Product Liability and Mass Torts Class Action Review – 2024. This comprehensive review analyzes the key legal rulings, settlements, and litigation trends in the product liability and mass tort class action space in 2023. Written by Duane Morris partners Gerald L. Maatman, Jr. and Jennifer A. Riley, alongside contributions from members of the Class Action Defense Group, the review provides valuable insights from their extensive experience in defending class action litigation across the United States. Class action … Read more