Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against Xponential Fitness, Inc.
NEW YORK, NY and SAN DIEGO, CA – July 6, 2023 – Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors announces that it is investigating claims on behalf of investors of Xponential Fitness, Inc. (“Xponential” or “the Company”) (NYSE:XPOF) for violations of securities laws.
All investors who purchased shares and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.
On June 26, 2023, Fuzzy Panda Research (“FPR”) published a report on Xponential entitled “Abusive Franchisor That Is A House Of Cards.” Citing interviews with franchisees and disclosure documents, the FPR report alleged that Xpontential’s Founder and Chief Executive Officer “Anthony Geisler, has along history of misleading investors and business partners” and that Xponential “is hiding the fact that many of [the Company’s] brands and franchisees are struggling.”
On this news, Xponential’s stock price fell $9.38 per share, or 37.36%, to close at $15.73 per share on June 27, 2023.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774