Flo Rida's $82 million legal victory upheld against Celsius for breach of contract

Flo Rida's $82 million legal victory upheld against Celsius for breach of contract

12/12/24, 8:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svghoboken
Money
$82 million
Industry
lending and investments
financial services
software
Type
contract
An appeals court has upheld most of rapper Flo Rida’s legal victory against energy drink maker Celsius, in a lawsuit over breach of contract regarding an endorsement deal. The court ruled in Flo Rida's favor on all three claims, related to company shares and royalties for promoting Celsius drinks.

Company Info

Company
Celsius
Location
hoboken, new jersey, united states
Additional Info
Celsius helps over a million customers worldwide to find the path towards financial independence through a compounding yield service and instant low-cost loans accessible via a web and mobile app. Built on the belief that financial services should only do what is in the best interest of the customers and community, Celsius is a blockchain-based fee-free platform where membership provides access to curated financial services that are not available through traditional financial institutions.

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