Share Name Share Symbol Market Type
Tivity Health Inc NASDAQ:TVTY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.38 -7.44% 4.73 4.50 5.69 5.245 4.505 5.18 1,357,887 23:30:51

The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Tivity Health Inc. Investors (TVTY)

20/02/2020 9:00pm

Business Wire


Tivity Health (NASDAQ:TVTY)
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2 Months : From Feb 2020 to Apr 2020

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The Law Offices of Frank R. Cruz announces an investigation on behalf of Tivity Health, Inc. (“Tivity” or the “Company”) (NASDAQ: TVTY) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On February 19, 2020, after the market closed, Tivity announced its fourth quarter and full year 2019 financial results in a press release. Therein, the Company reported a fourth quarter net loss of $323.1 million, a $137.1 million charge to goodwill and $240.0 million impairment charge to the Nutrisystem tradename. Tivity also announced that its Chief Executive Officer Donato Tramuto had resigned.

On this news, the Company’s stock price fell as much as $10.13, or over 44%, during intraday trading on February 20, 2020, thereby injuring investors.

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If you purchased Tivity securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com

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