NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Planet Fitness, Inc. (“Planet Fitness” or the “Company”) (NYSE: PLNT) on behalf of Planet Fitness stockholders. Our investigation concerns whether Planet Fitness has violated the federal securities laws and/or engaged in other unlawful business practices.
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On September 15, 2023, Planet Fitness announced that its board of directors had fired the Company's Chief Executive Officer Chris Rondeau. Planet Fitness did not give a reason for Rondeau's termination.
On this news, Planet Fitness's stock price fell $11.30 per share, or 18.9%, over the following two trading sessions, to close at $48.50 per share on September 18, 2023.
If you purchased or otherwise acquired Planet Fitness shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at email@example.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.