F45 Class Action Lawsuit FXLV | Deadline February 6, 2023
Announcement! On behalf of all investors who bought or otherwise acquired F45 Training Holdings Inc. (F45 Class Action Lawsuit) common stock pursuant and/or traceable to the Company’s July 16, 2021, initial public offering.
According to the FXLV lawsuit, the defendants made the following statements throughout the Class Period and/or failed to disclose them:
(i) F45 Training was unable to sustain new franchise expansion because multi-unit franchisees were receiving better payment conditions;
(ii) The slow rate of growth for F45 Training was also accompanied by a significant and unsustainable rise in its accounts receivable and a comparable and equally unsustainable decline in its cash and cash equivalents; and
(iii) At the time of the initial public offering, these methods were not viable, and when F45 Training was unable to maintain this flawed business model, its growth rate and revenue fell sharply.
If you suffered a loss in FXLV Lawsuit, you have until February 6, 2023, to request that the Court appoint you as the lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
F45 Class Action Lawsuit (FXLV Lawsuit)
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