#United States #Class Action #Austin #Settlement #F45 Training

Proposed Settlement for F45 Training Holdings Class Action

Labaton Keller Sucharow LLP has made a significant announcement regarding a proposed class action settlement for all individuals and entities that acquired publicly traded common stock of F45 Training Holdings, Inc. (OTCMKTS: FXLV). Approved by the U.S. District Court for the Western District of Texas, Austin Division, this settlement aims to benefit those who purchased shares during the specified class period which runs from July 15, 2021, to August 14, 2023.

Settlement Overview

The proposed settlement involves a financial payout of $10.5 million, aimed at compensating members of the settlement class for any alleged damages incurred during the specified period. This announcement is a part of ongoing proceedings in the case known as "In re F45 Training Holdings, Inc. Securities Litigation," Case No. 122-cv-1291-DAE. The main plaintiffs, including Pledge Capital LLC and the Police and Fire Retirement System of Detroit, have reached an agreement with various defendants including F45 and notable figures like Mark Wahlberg, among others.

Key Dates and Procedures

A critical hearing for the settlement is scheduled for August 27, 2026, at 1:30 PM at the United States District Courthouse in Austin. During this hearing, the Court will assess whether the settlement is fair, adequate, and reasonable. It will also review the proposed plan for distributing the settlement proceeds to eligible class members.

Importantly, while attendance at the hearing is not necessary to receive a payout from the settlement fund, those affected should take note of the following:

• - Claims must be submitted online or postmarked by August 1, 2026, to be eligible for compensation.
• - If individuals do not submit a valid Claim Form within this timeframe, they will lose their right to a payout but will still be bound by any Court rulings.

Eligibility and Exclusions

Members of the settlement class must have purchased or otherwise acquired common stock of F45 during the established period and have suffered damages as a result. If a potential claimant wishes to exclude themselves from the settlement class, they must submit a written request for exclusion prior to July 24, 2026. Those who exclude themselves will not be eligible for compensation, nor will they be subject to Court rulings in this case.

Claim Process

For affected individuals, accessing the detailed settlement notice, claim forms, or further information is straightforward. All necessary information can be obtained from the designated website (www.strategicclaims.net/case/F45/) or by contacting the Claims Administrator directly at:

F45 Training Securities Settlement
c/o Strategic Claims Services
P.O. Box 230
600 N. Jackson Street, Suite 205
Media, PA 19063
(866) 274-4004

In addition to filing claims, any objections to the settlement or associated attorney’s fees must be submitted by July 24, 2026.

Conclusion

This proposed settlement marks a pivotal moment for F45 Training Holdings shareholders who have been affected during this time period. With the courts' approval of this settlement, a pathway to potential compensation is laid out, emphasizing the importance of stakeholder protection in publicly traded companies. Shareholders should remain vigilant regarding deadlines and procedures to ensure they secure their rightful claims. As the date of the hearing approaches, all interested parties are encouraged to stay informed and take necessary actions regarding their eligibility to participate in the settlement.