Celsius resolves derivative actions with governance reforms and $987,500 fee award

Celsius Holdings, Inc.

Court granted preliminary approval on Jan 24, 2025; final fairness hearing set for March 27, 2025.
Settlement includes corporate governance changes and $987,500 in plaintiffs' attorneys' fees.
Stockholders must file objections by February 25, 2025 as detailed in the Notice of Proposed Settlement.
No admission of wrongdoing; settlement releases claims in three related derivative suits.

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