Khang & Khang LLP announces that it is investigating claims of potential
misrepresentations by Planet Fitness, Inc. (“Planet Fitness” or the
“Company”) (NYSE: PLNT). The investigation focuses on whether the
Company and its officers violated securities laws by issuing misleading
information to investors.
If you purchased shares of Planet Fitness during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von
Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until certification
occurs, you are not represented by an attorney. You may choose to take
no action and remain a passive class member.
On March 9, 2016, Spruce Point Capital Management (“Spruce Point”)
published a report focusing on the Company’s corporate governance and
accounting. Spruce Point specifically claimed that "weak internal
controls l[ed] to the sentencing of a Planet Fitness corporate systems
manager in Jan[uary] 2016 who stole $1m through a fraudulent invoice
scheme."
If you wish to learn more about this lawsuit, or if you have any
questions concerning this notice or your rights, please contact Joon M.
Khang, a prominent litigator for almost two decades, by telephone: (949)
419-3834, or by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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