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Investigation for NASDAQ: TVTY Investors announced over possible Securities Laws Violations by Tivity Health, Inc.

02-26-2020 04:19 PM CET | Politics, Law & Society

Press release from: Shareholders Foundation

An investigation for investors in Tivity Health, Inc. (NASDAQ: TVTY) shares over potential securities laws violations.

An investigation for investors in Tivity Health, Inc. (NASDAQ: TVTY) shares over potential securities laws violations.

Tivity Health, Inc is under investigation over potential securities laws violations by Tivity Health, Inc. in connection with certain financial statements was announced.

Investors who purchased shares of Tivity Health, Inc. (NASDAQ: TVTY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Tivity Health, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Franklin, TN based Tivity Health, Inc. provides fitness and health improvement programs in the United States. On February 19, 2020, after the market closed, Tivity Health, Inc. announced its fourth quarter and full year 2019 financial results in a press release. Therein, the Company reported a fourth quarter net loss of $323.1 million, a $137.1 million charge to goodwill and $240.0 million impairment charge to the Nutrisystem tradename. Tivity Health, Inc. also announced that its Chief Executive Officer Donato Tramuto had resigned. Shares of Tivity Health, Inc. (NASDAQ: TVTY) declined from $26.07 per share on January 17, 2020 to a slow as $12.01 per share on February 20, 2020.

Those who purchased shares of Tivity Health, Inc. (NASDAQ: TVTY) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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