Press release
Investigation announced for Investors in F45 Training Holdings Inc. (NYSE: FXLV) over potential Wrongdoing
An investigation on behalf of current long term investors in F45 Training Holdings Inc. (NYSE: FXLV) shares.
Investors who are current long term investors in F45 Training Holdings Inc. (NYSE: FXLV) shares, 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 for current long term investors in NYSE: FXLV stocks follows a lawsuit filed against F45 Training Holdings Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: FXLV stocks, concerns whether certain F45 Training Holdings Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Western District of Texas the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that F45 Training Holdings' rapid growth strategy was unsustainable, reliant on franchisees opening multiple locations in a short period of time and/or dependent on franchisees who required near 100% financing of their operations in order to open for business, a model that was, at the time of the July 2021 IPO, unsustainable.
Those who purchased shares of F45 Training Holdings Inc. (NYSE: FXLV) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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