The company's board reportedly lost confidence in CEO Alex Mashinski, prompting them to press ahead with the decision. "The shareholders clearly lost faith in Alex and stopped the event. Kudos to them," said Mike Alfred, CEO of BrightScope financial information company.
Celsius hires lawyers to assist with "restructuring". The shareholders apparently lost faith in Alex and canceled the event. Hats off to them. As I said today at Bloomberg, methodical completion is the best way.
Celsius hires law firm Akin Gump Strauss Hauer, according to a Wall Street Journal article
