Cases & Investigations
Xponential Fitness, Inc. (XPOF)
Type: Investigations
Stock Symbol: NYSE: XPOF
Xponential Fitness, Inc. (“Xponential”) common stock (NYSE: XPOF), purports to be the largest global franchisor of boutique fitness brands and went public on July 21, 2021 at $12.00 per share. On April 6, 2022, an entity affiliated with Xponential’s Chairman of the Board sold 5.175MM shares at $20.00 per share in a secondary offering. On February 8, 2023, Xponential’s founder and CEO, Anthony Geisler, and the Chairman’s entity sold 5.75 million shares at $24.50 per share in another secondary equity offering.
Before the market opened on June 27, 2023, Fuzzy Panda Research published a report Xponential Fitness (XPOF) – “Abusive Franchisor That Is A House of Cards”. The report alleges Geisler, “has a long history of misleading investors and business partners….We discovered XPOF is hiding the fact that many of their brands and franchisees are struggling.” On this news, Xponential’s stock price has fallen intraday $7.62 per share to $17.51, a drop of 30.3% on very heavy volume.
Investors who have lost over $20,000 trading in Xponential’s common stock and who would like to discuss the investigation should contact Adam Savett at (212) 451-9655, or asavett@wolfpopper.com.
Wolf Popper has successfully recovered billions of dollars for defrauded investors. Wolf Popper’s reputation and expertise have been repeatedly recognized by the courts, which have appointed the firm to major positions in securities litigation. For more information about Wolf Popper, please visit the Firm’s website at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.
Before the market opened on June 27, 2023, Fuzzy Panda Research published a report Xponential Fitness (XPOF) – “Abusive Franchisor That Is A House of Cards”. The report alleges Geisler, “has a long history of misleading investors and business partners….We discovered XPOF is hiding the fact that many of their brands and franchisees are struggling.” On this news, Xponential’s stock price has fallen intraday $7.62 per share to $17.51, a drop of 30.3% on very heavy volume.
Investors who have lost over $20,000 trading in Xponential’s common stock and who would like to discuss the investigation should contact Adam Savett at (212) 451-9655, or asavett@wolfpopper.com.
Wolf Popper has successfully recovered billions of dollars for defrauded investors. Wolf Popper’s reputation and expertise have been repeatedly recognized by the courts, which have appointed the firm to major positions in securities litigation. For more information about Wolf Popper, please visit the Firm’s website at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.
Contact Instructions
Phone: Adam Savett - (212) 451-9655
Email: outreach@wolfpopper.com
Email: outreach@wolfpopper.com
Wolf Popper LLP Announces Investigation on Behalf of Investors in Xponential Fitness, Inc.
Case Update | 6/27/2023