FXLV INVESTOR ALARM: Robbins Geller Rudman & Dowd LLP announces that…

FXLV INVESTOR ALARM: Robbins Geller Rudman & Dowd LLP announces that…

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SAN DIEGO, Dec. 17, 2022 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that buyers or acquirers of F45 Training Holdings, Inc. FXLV Common shares pursuant to and/or traceable to F45 Training’s offering materials issued in connection with F45 Training’s initial public offering on July 16, 2021 (“IPO”) have until February 6, 2023 to declare Lead Plaintiff apply for F45 training class action. Pending and lettered in the Western District of Texas Goer vs. F45 Training Holdings, Inc.No. 22-cv-01291 (WD Tex.), the F45 training Class action lawsuit charges F45 Training and some of its top officers and directors with violations of the Securities Act of 1933.

If you have suffered significant losses and are the main plaintiff in the F45 training Class action, please provide your information here:

https://www.rgrdlaw.com/cases-f45-training-holdings-inc-class-action-lawsuit-fxlv.html

You can also contact a lawyer JC Sanchez von Robbins Geller by phone at 800/449-4900 or email jsanchez@rgrdlaw.com.

CASE CLAIMS: F45 Training is a fitness franchisor with a business model based on rapid growth through the franchising of low-overhead fitness facilities. F45 Training went public on July 16, 2021 with an initial public offering that issued 18.75 million shares at a price of $16 per share. F45 Training, through its IPO offering documents, asserted its advantage over traditional owner-managed fitness facilities both because its franchise model “has enabled us to open new studios at an accelerated pace than the owner-operator model” and because it generated rapid revenue.”[f]For most franchises that we sell, we receive an upfront payment from the franchisee.”

But as the F45 training The class action lawsuit alleges that the IPO’s offering documents misled investors as to F45 Training’s earnings and its ability to sustain its rapidly expanding business model. In particular, the offer of the IPO …

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