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Celsius Investors Ink $8M Deal Over Employee Stock Program

By Gina Kim ( August 4, 2023, 4:21 PM EDT) -- Celsius Holdings Inc. investors asked a Florida federal judge Thursday to preliminarily approve a $7.9 million settlement to resolve claims the beverage company's executives inflated revenue by misstating costs of an employee stock compensation program, noting that while they believe their claims are meritorious, "continued litigation presents clear risks."...

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