NYSE: FXLV

F45 Training Holdings Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the stock of F45 Training Holdings Inc. (NYSE: FXLV) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company’s initial public offering conducted in July 2021 (the “IPO” or “Offering”). If you wish to serve as lead plaintiff, you must move the Court no later than February 6, 2023.

If you purchased F45 securities and would like to join the action, please click “Join This Class Action.”

Class Period:Pursuant and/or traceable to the Company's IPO

Deadline:

7 Days
If you purchased F45 securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, the registration statement and prospectus used to effectuate the Company’s IPO contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and was not prepared in accordance with the rules and regulations governing its preparation.  Specifically, the offering documents made false and/or misleading statements and/or failed to disclose that:

  • F45’s rapid growth strategy was unsustainable, reliant on, inter alia, franchisees opening multiple locations in a short period of time and/or dependent on franchisees who required near 100% financing of their operations in order to open for business; and
  • as a result, the offering documents misrepresented and failed to disclose material adverse facts pertaining to the Company’s business, operations, and prospects. 

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: F45 Training Holdings Inc.
Stock Symbol: FXLV
Class Period: Pursuant and/or traceable to the Company's IPO
Court: United States District Court Western District of Texas Austin Division

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