Block & Leviton has investigated Planet Fitness for possible securities law violations, in what appears to be a company announcement

Block & Leviton is investigating Planet Fitness for possible violations of securities law. On January 19, Bear Cave published a report highlighting the problems at Planet Fitness, after which shares of the gym chain fell more than 3%. Allegations made in the report include: season ticket cancellation issues, fees of various kinds, consumer complaints to state attorney general’s offices, and market-reducing saturation manipulation in a company presentation to investors.

Block & Leviton is investigating whether the Company committed violations of securities law and may sue to recover losses on behalf of investors who have lost money, and encourages investors who have lost money in their investments in Planet Fitness to contact the Company for more information on how to recover such losses. . They say that anyone who bought shares of Planet Fitness, Inc. And lost money may qualify, whether or not he sells his investment, calling on him to contact Block & Leviton for more information.

Several law firms have issued statements in this regard; Most of these companies do not actually sue class securities lawsuits. Block & Leviton is an actual litigation law firm. They state: “We are committed to obtaining substantial refunds on behalf of fraudulent investors through active litigation in federal courts across the country. Many of the nation’s leading institutional investors hire us to represent their interests. You can learn more about us on our website if you have any questions. “.

Which indicates that it may be an advertisement for this law firm.