Xponential Fitness Faces Multiple Securities Class Actions
Investors allege misleading statements and financial mismanagement led to significant losses.
- Multiple law firms have filed class action lawsuits against Xponential Fitness, alleging violations of federal securities laws.
- Investors claim the company misrepresented its financial health, leading to substantial losses.
- Allegations include misleading statements about store closures, financial performance, and franchisee profitability.
- Reports suggest CEO Anthony Geisler has a history of misleading investors and aggressive management tactics.
- The lawsuits seek recovery for investors who purchased Xponential Fitness stock between July 26, 2021, and December 7, 2023.