PHILADELPHIA, PA / ACCESSWIRE / December 7, 2023 / Kehoe Law Firm, P.C. continues its investigation regarding whether certain officers and directors of Planet Fitness, Inc. ("Planet Fitness") (NYSE:PLNT) failed to manage Planet Fitness in an acceptable manner, in breach of their fiduciary duties to Planet Fitness, and whether Planet Fitness and its shareholders have suffered damages as a result.
On October 25, 2023, Insider reported that "Insider spoke with six former Planet Fitness employees. Some former staffers pointed to drinking in the office and Rondeau asking company staff to withdraw thousands from Rondeau's personal accounts to pay for cash-fueled weekend getaways - even after a lawsuit claimed Planet Fitness suffered from a 'debaucherous' alcohol-fueled environment - as red flags."
INVESTORS OF PLANET FITNESS STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL INFO@KEHOELAWFIRM.COM TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
PLANET FITNESS SHAREHOLDERS ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE PLANET FITNESS INVESTIGATION.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
This press release may constitute attorney advertising.
SOURCE: Kehoe Law Firm, P.C.
View the original
press release on accesswire.com
