Investors Sue Xponential Fitness (XPOF) For Securities Fraud After SEC Inquiry Disclosed – Hagens Berman
SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Xponential Fitness, Inc. (NYSE: XPOF) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Xponential Fitness, Inc. (NYSE: XPOF) investors who suffered substantial losses to submit your losses now .
- Xponential Fitness, Inc. (XPOF) Securities Fraud Class Action:
The litigation focuses on XPOF’s repeated touting of same-store sales (“SSS”) and average unit volume (“AUV”) metrics as measures of the health of its franchise system. - "We’re investigating whether XPOF may have intentionally misled investors by misrepresenting its business model and key financial metrics,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
- Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.