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Xponential Fitness Embroiled in Securities Fraud Lawsuits

Investors and franchisees face losses as legal challenges mount against the fitness company.

  • Xponential Fitness faces multiple class action lawsuits over allegations of securities fraud.
  • The lawsuits allege Xponential Fitness made misleading statements about its financial health and store performance.
  • Investors have until April 9, 2024, to file lead plaintiff applications in the securities class action lawsuits.
  • Reports claim Xponential misled franchisees, leading to financial losses and store closures.
  • The SEC has formally requested documents from Xponential Fitness, further complicating the company's legal challenges.
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