BOSTON, MA / ACCESSWIRE / January 19, 2023 / Block & Leviton is investigating Planet Fitness, Inc. (NYSE:PLNT) for potential securities law violations. Investors who have lost money in their Planet Fitness investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/plnt.
What is this all about?
On January 19, 2023, the Bear Cave released a report highlighting issues at Planet Fitness. Allegations in the report include: membership cancellation problems, miscellaneous fees, consumer complaints to several state's Attorney General's Offices, and an altered slide understating market saturation in an investor presentation by the company.
Shares of Planet Fitness, Inc. stock dropped more than 3% in intraday trading following the release of the Bear Cave report on January 19, 2023.
Who is eligible?
Anyone who purchased Planet Fitness, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
Why should you contact Block & Leviton?
Many law firms have issued releases about this matter; most of those firms do not actually litigate securities class actions. Block & Leviton is a law firm that actually litigates cases. We are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.
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SOURCE: Block & Leviton LLP