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Stock impact report

Xponential Fitness, Inc. Finalizes Settlement with Federal Trade Commission

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, has finalized a previously disclosed settlement with the Federal Trade Commission (“FTC”) to fully resolve the agency’s allegations relating to the Company’s past franchising disclosure practices. As part of the settlement, Xponential will pay the FTC $17.0 million for franchisee redress over a 12-month period. The settlement contains no admission of wrongdoing by Xponential and has been submitted to the court for approval. Today’s announcement closes a historical chapter for the Company and allows it to focus on future growth and continued support for its franchisees under new management.About Xponential Fitness, Inc.Xponential Fitness, Inc. (NYSE: XPOF) is one of the leading global franchisors of boutique health and wellness brands. Through its mission to deliver the talents, assets, and capabilities Show less Read more
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