If you suffered losses exceeding $50,000 investing in Xponential Fitness stock or options between July 26, 2021 and December 7, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/XPOF.
There is no cost or obligation to you.
NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Xponential Fitness, Inc. ("Xponential Fitness" or the "Company") (NYSE:XPOF) and reminds investors of the April 9, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Xponential had permanently closed at least 30 stores; (2) Xponential's reported same-store sales ("SSS") and average unit volume ("AUV") metrics had been misstated by excluding underperforming stores; (3) ...