RADNOR, Pa., Dec. 22, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating Xponential Fitness, Inc. (NYSE:XPOF) ("Xponential") for potential violations of the federal securities laws.
On June 26, 2023, market analyst Fuzzy Panda Research published a short-sellers report alleging, among other things, that Xponential is "hiding the fact that many of their brands and franchisees are struggling." The report further alleges that, despite the claims of Xponential's CEO that the company has "never closed a store," Fuzzy Panda found over 30 permanently closed stores. Moreover, the report claims that franchise documents of Xponential suggest that 8 out of every 10 Xponential brands are ...
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