Moore Kuehn PLLC Is Investigating:
- Planet Fitness Inc. (NYSE: PLNT).
- *Shareholders should contact Fletcher Moore, Esq. by email at fmoore@moorekuehn.com.
NEW YORK, Sept. 20, 2023 /PRNewswire/ -- The investigation involves a sudden announcement regarding the departure of Planet Fitness Inc. (stock ticker: PLNT) CEO, Chris Rondeau, who had been with the company for an extended period. This decision was initiated by the Company's Board, citing the need for a "transition to new leadership." It's important to note that no permanent successor had been identified at the time of the announcement.
In January and February 2023, The Bear Cave had issued reports that brought attention to various concerns surrounding the fitness franchise. These reports included information about consumer grievances related to overbilling, fraudulent transactions, excessive fees, memberships that were difficult to cancel, and inquiries from multiple State Attorneys General Offices. Shares of Planet Fitness, Inc. stock dropped more than 14% in intraday trading on September 15, 2023.
If you purchased or otherwise acquired Planet Fitness Inc. (stock ticker: PLNT) securities, even minimal shares, have information, or would like to learn more about this investigation, please contact Fletcher Moore by email at fmoore@moorekuehn.com.
Moore Kuehn PLLC is a New York-based plaintiffs' contingency law firm concentrating in shareholder derivative and consumer litigation. Additional information about the firm can be found at www.moorekuehn.com
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Moore Kuehn PLLC
Fletcher Moore, Esq.
(212) 709-8245
fmoore@moorekuehn.com
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