Law Offices of Howard G. Smith Announces Investigation of Xponential Fitness, Inc. (XPOF) on Behalf of Investors
Xponential Fitness, Inc. Class A (XPOF)
Company Research
Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it has commenced an investigation of potential claims against the board of directors of Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF) concerning whether the board of directors breached its fiduciary duties to Xponential shareholders.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.If you still hold Xponential shares purchased before 2022, have information or would like to learn
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News
- Xponential Fitness, Inc. to Announce Third Quarter 2024 Financial Results on Thursday, November 7, 2024Business Wire
- StretchLab Becomes First Assisted Stretching Franchise to Reach 500 Studios In North America [Yahoo! Finance]Yahoo! Finance
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- Q2 Earnings Highs And Lows: Xponential Fitness (NYSE:XPOF) Vs The Rest Of The Leisure Facilities Stocks [Yahoo! Finance]Yahoo! Finance
- INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Xponential Fitness Inc. to Contact Law FirmGlobeNewswire
XPOF
Earnings
- 8/1/24 - Miss
XPOF
Sec Filings
- 10/15/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- XPOF's page on the SEC website