SAN DIEGO, Dec. 30, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistula, LLP announces class action lawsuits have been filed on behalf of investors F45 Training Holdings Inc. (“F45” or the “Company”) FXLV, Iris Energy Limited IRISHand NewAge, Inc. (“NewAge” or the “Company”) NBEVQ, and Vintage Wine Estates, Inc. (“Vintage Wine” or the “Company”) VWE. Please see the links below for more information. There are no costs or obligations for you.

F45 training: https://www.johnsonfistel.com/investigations/f45-training-holdings-fxlv

Iris Energy Limited: https://www.johnsonfistel.com/investigations/iris-energy-limited-iren

NewAge, Inc.: https://www.johnsonfistel.com/investigations/newage-inc-nbev-class-action

Vintage Wineries: https://www.johnsonfistel.com/investigations/vintage-wine-vwe-inventory-adjustment

What actions can I take at this time? If you have suffered a loss and would like to learn more about being a lead plaintiff, please contact Jim Baker (jimb@johnsonfistula.com) via email or phone at 619-814-4471. When emailing, please include your phone number.

F45 training companies:

school lesson: According to the IPO in July 2021

Deadline for Lead Plaintiff: February 6, 2023

allegations of complaints:

The lawsuit alleges that the defendants misrepresented and/or withheld that: 1) F45 Training was unable to sustain new franchise growth because it offered more favorable payment terms to multi-unit franchisees; 2) F45 Training’s weak pace of growth was also accompanied by a massive and unsustainable increase in F45 Training’s accounts receivable and a similar and equally unsustainable decrease in its cash and cash equivalents; and 3) these practices were unsustainable at the time of the IPO, and when F45 Training could no longer sustain this flawed business model, its growth rate and revenue plummeted.

Iris Energy Limited:

school lesson: November 17, 2021 and November 1, 2022

Deadline for Lead Plaintiff: 13th February…