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0.00106723585912484 0.00693703308431158 0.0061366061899679 0.00640341515474906 0.0074706510138741 0.0074706510138741 0.0074706510138741 0.0074706510138741
Stock impact report

The Law Offices of Frank R. Cruz Announces Investigation of Xponential Fitness, Inc. (XPOF) on Behalf of Investors

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF) concerning whether the board of directors breached its fiduciary duties to Xponential shareholders.If you are a shareholder who suffered a loss, click here to participate.On May 10, 2024, the Company revealed that it was under investigation by the U.S. Attorney’s Office for the Central District of California, in addition to the ongoing investigation by the U.S. Securities and Exchange Commission. These investigations follow reports in 2023 that Xponential is “hiding the fact that many of [its] brands and franchisees are struggling.” Citing franchise documents, these reports stated that 8 out of every 10 Xponential brands are losing money monthly, with over half of Xponential studios never making a positive financial return.Follow us for updates on Twitter: twitter.com/FRC_LAW.If you still hold Xponential shares purchased Show less Read more
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