James (Josh) Wilson, securities disputes partner, encouraged

NEW YORK, NY / ACCESSWIRE / September 29, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against F45 Training Holdings Inc. (“F45 Training” or the “Company”) (NYSE:FXLV).

If you’ve lost more than $50,000, invest in F45 Training stocks or options and discuss your legal rights, call Faruqi & Faruqi Partner Josh Wilson direct at 877-247-4292 or 212-983-9330 (ext. 1310). you could too Click here for more information: www.faruqilaw.com/FXLV.

Faruqi & Faruqi, LLP, Thursday, September 29, 2022, press release image

There are no costs or obligations for you.

Faruqi & Faruqi is a leading national minority and women-owned securities firm with offices in New York, Pennsylvania, California and Georgia.

On July 26, 2022, after the market closed, F45 issued a “strategic update” announcing that it now expects fiscal 2022 sales “to be between $120 million and $130 million compared to the previous one Forecast of $255 to $275 million”. Based on a “comprehensive review of its strategic and financial priorities,” the company would cut its global workforce by approximately 110 jobs. F45 also announced that its founder, CEO and President, Adam Gilchrist, has resigned.

As a result of this news, F45’s stock fell $2.16, or 61.5%, to close at $1.35 per share on July 27, 2022, hurting investors.

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SOURCE: Faruqi & Faruqi, LLP

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