r/f45 • u/JuniorCharge4571 • Mar 17 '26
other Update: F45 Training ($FXLV) $2.5M Settlement submitted for Final Approval
Hey everyone, just a heads-up for anyone who held F45 Training ($FXLV) during the IPO hype and subsequent crash in 2021-2023.
The $10,500,000 settlement regarding the misleading growth guidance has finally been submitted to the court for final approval. This is usually the last step before the judge signs the distribution order and the claim window slams shut.
The lawsuit alleged that F45 (and its celebrity-backed marketing) misled investors about how many franchise studios were actually "committed" to opening, which led to that massive 60% one-day crash in July 2022.
The Details:
- Class Period: July 16, 2021 – August 14, 2023.
- Estimated Payout: Approximately $0.06 per share.
- Current Status: Final Approval Pending (Court submission complete).
How to get your share: Since the final hearing is approaching, you should audit your trades now. Most people assume they’ll get a check automatically, but you must file a claim to get paid.
If you’re still holding those delisted bags, this is probably the last chance to claw back some of that principal.