BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) — Block & Leviton is investigating Xponential Fitness, Inc. XPOF for potential securities law violations. Investors who have lost money in their Xponential Fitness, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/xpof.
What is this all about?
Before the market opened on June 27, 2023, Fuzzy Panda Research issued an investigative report on boutique fitness franchisor Xponential Fitness. The Fuzzy Panda report alleges that Xponential Fitness has misled investors by misrepresenting the financial health of franchisees, including the number of stores that have closed, and selectively excluding underperforming stores from certain financial metrics, among other issues.
Shares of Xponential Fitness stock dropped more than 14% in premarket trading on June 27, 2023 following the release of the report.
Who is eligible?
Anyone who purchased Xponential Fitness, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you’ve lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation’s top institutional…