SAN FRANCISCO, Oct. 16, 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:
The investigation focuses on Xponential Fitness' past claims that "[t]he foundation of our business is built on strong partnerships with franchisees" and "[w]e are highly focused on providing franchisees with extensive support to help maximize their performance and enhance their return on investment."
But, on June 26, 2023, analyst Fuzzy Panda Research published a scathing report based in part on interviews with former business partners, franchisees, and employees of Xponential Fitness' CEO (Anthony Geisler), concluding "the XPOF house of cards is beginning to fall."
With respect to Geisler, Fuzzy Panda's research reveals: (1) Geisler was "previously CEO of a reverse ...