Investors in Hasbro, Inc. have been alerted to an opportunity to lead a class action lawsuit due to substantial losses, as announced by Robbins Geller Rudman & Dowd LLP. Similarly, Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Celsius Holdings, Inc., amidst ongoing investigations into claims by Faruqi & Faruqi, LLP for both AMMO, Inc. and Paragon 28, Inc. Zeta Global Holdings Corp. is also facing scrutiny, with multiple law firms including Kessler Topaz and Bronstein, Gewirtz & Grossman LLC announcing class action lawsuits for investors with significant losses. The legal actions reflect a growing trend of investor-led lawsuits in the wake of financial challenges faced by these companies. Furthermore, Celsius Holdings is set to distribute $127 million to creditors, which represents 60% of total claims, with payments being made in Bitcoin or cash, based on Bitcoin's current valuation of $95,836.23.
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Celsius Sends $127M to Creditors: Progress But The Cryptoverse Suffers Another $127M from Celsius is heading to creditors, bringing total claims covered to 60.4%, priced at BTC’s hefty $95,836.23. It’s a grim reminder: flashy returns can mask unsustainable risks. Celsius… https://t.co/ZGsZxXWJD0