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The filed complaint alleges that Xponential Fitness, Inc. made materially false and/or misleading statements and/or failed to disclose that: Xponential issued a press release on March 13, 2025, announcing the Company's fourth quarter and full year financial results. Among other items, Xponential reported an unexpected loss for the fourth quarter, as well as a 7.7% year-over-year revenue decline. The press release also announced that Xponential's Board of Directors had "determined that the Company's financial statements for its fiscal year ended December 31, 2023 should be restated." Following this news, Xponential's stock price fell over 38% on March 14, 2025.
In order to be eligible to join the XPOF class action lawsuit, you must have incurred a loss on shares of Xponential Fitness purchased during the class period listed above.
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