NEW YORK, NY / ACCESSWIRE / June 30, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Xponential Fitness, Inc. ("Xponential" or the "Company") (NYSE:XPOF). Investors who purchased Xponential securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/xpof.
The investigation concerns whether Xponential has violated federal securities laws.
Investigation Details:
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 a long 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.
What's Next?
If you are aware of any facts relating to this investigation or purchasedXponential shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/xpof. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC