BOSTON, MA / ACCESSWIRE / April 23, 2020 / Thornton Law Firm LLP alerts investors that the lead plaintiff registration deadline in a lawsuit filed on behalf of Tivity Health shareholders (NYSE:TVTY) is this Monday, April 27. Investors who purchased TVTY securities between March 8, 2019 and February 19, 2020 are encouraged to visit https://www.tenlaw.com/cases/TVTY to submit their information if interested in serving as a lead plaintiff in the class action. Shareholders may also contact Thornton Law Firm at shareholder@tenlaw.com, or call 617-531-3917.
FOR MORE INFORMATION, VISIT: https://www.tenlaw.com/cases/TVTY.
Interested TVTY shareholders have until April 27, 2020, to apply to be lead plaintiff. The lawsuit alleges violations of the federal securities laws, and the class has not yet been certified. Until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. There is no minimum number of shares required to be a class member.
According to the Complaint, Tivity Health, Inc. provides fitness and health improvement programs in the United States. The Company was formerly known as Healthways, Inc. and changed its name to Tivity Health Inc. in January 2017. In December 2018, Tivity announced that it would acquire Nutrisystem, Inc., a provider of weight management products and services. On March 8, 2019, Tivity announced the completion of the Nutrisystem Acquisition for approximately $1.3 billion in cash and stock.
The Complaint alleges that Tivity failed to disclose that: following the Nutrisystem Acquisition, Tivity's Nutrition segment faced significant operational challenges and that this would foreseeably have a significant impact on Tivity's revenues. The lawsuit seeks to recover on behalf of investors who have sustained losses in their investments in Tivity securities.
Investors who purchased TVTY stock (NYSE:TVTY) who are interested in the lead plaintiff process are encouraged to contact the Thornton Law Firm's shareholder rights team at www.tenlaw.com/cases/TVTY, via email at shareholder@tenlaw.com, or by calling 617-531-3917.
FOR MORE INFORMATION: https://www.tenlaw.com/cases/TVTY
Thornton Law Firm's securities attorneys are highly experienced in representing individual shareholders and institutional investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of shareholders. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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SOURCE: Thornton Law Firm LLP
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https://www.accesswire.com/586676/TIVITY-INVESTOR-ALERT-Shareholder-Class-Action-Lead-Plaintiff-Deadline-Approaching
