Federal Judge Approves Class Settlement Of Energy Drink Securities Dispute

(February 2, 2024, 2:59 PM EST) -- WEST PALM BEACH, Fla. — After conducting a fairness hearing, a federal judge in Florida on Feb. 1 approved a $7.9 million class action settlement in a case brought by shareholders who claimed that energy drink manufacturer Celsius Holdings Inc. fraudulently accounted for stock options to former employees....