PLANET FITNESS ALERT: Bragar Eagel & Squire, P.C. is Investigating Planet Fitness, Inc. on Behalf of Plan
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Planet Fitness, Inc. ("Planet Fitness" or the "Company") PLNT on behalf of Planet Fitness stockholders. Our investigation concerns whether Planet Fitness has violated the federal securities laws and/or engaged in other unlawful business practices.
Click here to participate in the action.
On January 19, 2023, market analyst The Bear Cave published a report titled "Problems at Planet Fitness." Among other things, the report alleged that Planet Fitness released an inaccurate slide understating market saturation in an investor presentation, and that, as a standard practice, it overbilled customers and prevented them from cancelling their memberships, resulting in lawsuits around the country. After reviewing the evidence, The Bear Cave stated it was "left wondering whether Planet Fitness is actually a thriving gym franchise or an illegal billing operation with gyms on the side."
Continue read on benzinga.com