XPOF - XPOF SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Xponential Fitness Inc. (NYSE: XPOF) and Encourages Long-Term XPOF Shareholders to Contact the Firm | Benzinga

PHILADELPHIA, June 12, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Xponential Fitness, Inc. (NYSE:XPOF) ("Xponential") on behalf of the company's long-term investors.

Recently a securities fraud complaint was filed against Xponential on behalf of certain investors who purchased shares of the company's stock between July 26, 2021 and December 7, 2023.

As detailed in the complaint, on June 26, 2023, analyst firm Fuzzy Panda published a report on Xponential, which, among other things, represented that: (i) Xponential CEO, defendant Anthony Geisler, has had a long history of misleading investors; (ii) Xponential has issued a series of misleading statements about its store closures and the overall financial health of its franchisee base; (iii) more than 50% of Xponential's studios never make a positive financial return; (iv) more than 100 of Xponential's franchises are for sale at a price that is at least ...

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