By Jonathan StempelNEW YORK (Reuters) -A federal appeals court revived a lawsuit on Monday accusing Hain Celestial Group of defrauding shareholders by concealing an alleged "channel stuffing" scheme to inflate revenue and its stock price. Channel stuffing is a practice where a company arranges for more goods to be shipped to distributors than consumers will likely buy. Some companies use channel stuffing to avoid missing Wall Street financial forecasts. "Put simply," he added, "it would strain credulity to conclude that the individual defendants were unaware of channel stuffing and its potentially insidious implications for investors." The appeals court returned the nine-year-old case to U.S. District Judge Joanna Seybert in Central Islip, New York, who dismissed it in September 2023.