Xponential Fitness Faces Class Action Lawsuit Over Alleged Securities Fraud
Xponential Fitness is now facing a class action lawsuit over allegations of securities fraud. The lawsuit, filed in the United States District Court for the Central District of California, claims that Xponential Fitness, Inc. (NYSE: XPOF) and certain officers violated the Securities Exchange Act of 1934. Investors who bought or acquired Xponential’s Class A common stock between July 26, 2021, and December 7, 2023, are the target of this legal action.
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