F45 Training Holdings Inc. Class Action Lawsuit - FXLV

Company
F45 Training Holdings Inc. (NYSE: FXLV)
Lead Plaintiff Deadline
February 6, 2023 (Expired)
Class Definition
common stock pursuant and/or traceable to the documents issued in connection with the Company's July 16, 2021 initial public offering

Expired

Lead Plaintiff Deadline

Feb 6, 2023

Never Miss Another Deadline

Choose your preferred way to stay informed of new case launches and settlement deadlines

WhatsApp

Scan the QR code or click the button to join

Join on WhatsApp

Get Updates by Email

Required Field

Required Field

Required Field

No Spam, opt-out anytime, alert list is free

Allegations

1) F45 Training could not maintain new franchise growth because it was offering more favorable payment terms to multi-unit franchisees; 2) F45 Training’s lackluster pace of growth was also accompanied by a massive and unsustainable increase in F45 Training’s accounts receivable and a similar, and equally unsustainable, decrease in its cash and cash equivalents; and 3) these practices were not sustainable at the time of the initial public offering, and when F45 Training could no longer sustain this defective business model, its growth rate and revenue plummeted.

Eligibility

In order to be eligible to join the FXLV class action lawsuit, you must have incurred a loss on shares of F45 Training purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in F45 Training during the relevant time frame, you have until February 6, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

TOP