SAN DIEGO, Sept. 14, 2023 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel LLP ( www.JohnsonFistel.com ) has announced that Xponential Fitness (“Xponential” or the “Company”) (NYSE: XPOF) Either the Company’s executive officers or other persons have violated securities laws by misrepresenting or failing to timely disclose material adverse information to investors. The investigation focuses on investors’ losses and whether they can be recovered under federal securities laws.
What if I purchased Xponential securities? If you purchased Xponential securities and suffered a significant loss on your investment, join the investigation now.
Or, for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.
There is no cost or obligation to you.
What is Johnson Fistel researching? On June 26, 2023, Fuzzy Panda Research published a short report on Xponential’s operations. “The CEO’s secret past includes pump-and-dumping a boiler room in Bangkok,” the report states. ‘Misleading ‘cheating’ partners’ and ‘many franchisees failing and increasing kickbacks, interviews and disclosure documents reveal’
What should I do if I have relevant non-public information? Individuals with non-public information about the company should consider cooperating with our investigation or taking advantage of the SEC Whistleblower Program. Under the SEC program, whistleblowers who provide unique information may, under certain circumstances, receive compensation of up to 30 percent of the total amount of any successful recovery by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
About Johnson Fistell LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. Our firm represents individual and institutional investors in shareholder derivative actions and securities class actions. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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contact:
Johnson Fistel LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
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