Drink Co. Asks Fla. Judge To Toss Shareholders' Fraud Suit

By Carolina Bolado (December 13, 2022, 7:10 PM EST) -- Beverage company Celsius Holdings urged a Florida magistrate judge on Tuesday to dismiss shareholder claims that executives deliberately misstated costs of an employee stock compensation program to inflate revenue, arguing the shareholders had failed to show executives did anything more than publicly correct an accounting error....

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