XPOF - Xponential Fitness (XPOF) Plummets After Disclosing SEC Inquiry – Hagens Berman | Benzinga

SAN FRANCISCO, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Xponential Fitness, Inc. (NYSE:XPOF) investors who suffered substantial losses to submit your losses now.

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Xponential Fitness, Inc. (XPOF) Investigation:

"We are investigating whether XPOF may have misrepresented its business model and key financial metrics," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

The firm commenced the investigation after news that XPOF faces an SEC investigation and franchisee financial issues caused the price of the company's shares to decline sharply.

Specifically, on Dec. 11, 2023, XPOF announced that it had been contacted on Dec. 5, 2023 by the SEC with a formal request to provide it with "certain documents." However, XPOF said that for now it does not intend to disclose additional information about the SEC inquiry.

Just days before announcing the SEC probe, on ...

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