SAN DIEGO, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP announces that class action lawsuits have commenced on behalf of investors of F45 Training Holdings Inc. (“F45” or the “Company”) (NYSE: FXLV), Iris Energy Limited (NASDAQ: IREN), and NewAge, Inc. (“NewAge” or the “Company”) (OTC: NBEVQ), and Vintage Wine Estates, Inc. ("Vintage Wine" or the "Company") (NASDAQ: VWE). Additional information can be found by following the links below. There is no cost or obligation to you.
F45 Training: https://www.johnsonfistel.com/investigations/f45-training-holdings-fxlv
Vintage Wine Estates: https://www.johnsonfistel.com/investigations/vintage-wine-vwe-inventory-adjustment
What actions may I take at this time? If you suffered a loss and are interested in learning more about being a lead plaintiff, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number.
F45 Training Holdings:
Class Period: Pursuant to the July 2021 IPO
Lead Plaintiff Deadline: February 6, 2023
Complaint Allegations:
The filed complaint alleges that defendants made false statements and/or concealed that: 1) F45 Training could not maintain new franchise growth because it was offering more favorable payment terms to multi-unit franchisees; 2) F45 Training's lackluster pace of growth was also accompanied by a massive and unsustainable increase in F45 Training's accounts receivable and a similar, and equally...
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