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home / news releases / PLNT - Planet Fitness Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm


PLNT - Planet Fitness Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Boston, Massachusetts--(Newsfile Corp. - January 19, 2023) - Block & Leviton is investigating Planet Fitness, Inc. (NYSE: PLNT) for potential securities law violations. Investors who have lost money in their Planet Fitness investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/plnt.

What is this all about?

On January 19, 2023, the Bear Cave released a report highlighting issues at Planet Fitness. Allegations in the report include: membership cancellation problems, miscellaneous fees, consumer complaints to several state's Attorney General's Offices, and an altered slide understating market saturation in an investor presentation by the company.

Shares of Planet Fitness, Inc. stock dropped more than 3% in intraday trading following the release of the Bear Cave report on January 19, 2023.

Who is eligible?

Anyone who purchased Planet Fitness, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com

SOURCE: Block & Leviton LLP
www.blockleviton.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151903

Stock Information

Company Name: Planet Fitness Inc.
Stock Symbol: PLNT
Market: NYSE
Website: planetfitness.com

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