Pilates Giant Xponential Hid Studio Closures, Investor Says

By Sydney Price (March 12, 2024, 10:05 PM EDT) -- Executives and directors of fitness brand franchiser Xponential were hit with a shareholder derivative suit alleging the company was damaged when media reports uncovered that Xponential had concealed from investors that dozens of its fitness studios had permanently closed and most of its brands were operating at a monthly net loss....

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