XPOF - XPOF 2-DAY DEADLINE ALERT: Hagens Berman National Trial Attorneys Encourages Xponential Fitness (XPOF) Investors with Substantial Losses to Contact Firm Before Apr. 9th Deadline in Securities Fraud Class Action | Benzinga

SAN FRANCISCO, April 07, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Xponential Fitness, Inc. (NYSE:XPOF) investors who suffered substantial losses to submit your losses now.

Class Period: July 26, 2021 – Dec. 7, 2023
Lead Plaintiff Deadline: Apr. 9, 2024
Visit: www.hbsslaw.com/investor-fraud/xpof
Contact An Attorney Now: XPOF@hbsslaw.com
844-916-0895

Xponential Fitness, Inc. (XPOF) Securities Fraud Class Action:

The litigation focuses on XPOF's repeated touting of same-store sales ("SSS") and average unit volume ("AUV") metrics as measures of the health of its franchise system.

The complaint alleges, in part, that XPOF made misleading statements and failed to disclose that: (1) it had permanently closed at least 30 stores; (2) it misstated its SSS and AUV metrics by excluding underperforming stores; (3) 80% of its brands were losing money each month; (4) over 100 of its franchises were for sale at a price well below their initial cost; and (5) it misled franchisees by misrepresenting the financial profile, profitability, and the expected rate of return for new studio openings.  

Investors began to learn the truth on ...

XPOF) Investors with Substantial Losses to Contact Firm Before Apr. 9th Deadline in Securities Fraud Class Action>Full story available on Benzinga.com