Investors of Planet Fitness Stock Encouraged to Contact Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Planet Fitness, Inc. (“Planet Fitness”) (NYSE: PLNT) failed to manage Planet Fitness in an acceptable manner, in breach of their fiduciary duties to Planet Fitness, and whether Planet Fitness and its shareholders have suffered damages as a result.
On October 25, 2023, Insider reported that “Insider spoke with six former Planet Fitness employees. Some former staffers pointed to drinking in the office and Rondeau asking company staff to withdraw thousands from Rondeau’s personal accounts to pay for cash-fueled weekend getaways — even after a lawsuit claimed Planet Fitness suffered from a ‘debaucherous’ alcohol-fueled environment — as red flags.”