Court approves $10.5M settlement for F45 Training stockholders in class action lawsuit

The U.S. District Court for the Western District of Texas has approved a $10.5 million proposed settlement in a class action lawsuit involving F45 Training Holdings, Inc. This settlement covers investors who purchased F45 stock from July 15, 2021, to August 14, 2023, alleging damages related to the company's public offering and stock performance. A court hearing is scheduled for August 27, 2026, to finalize the settlement, approve the distribution plan, and address attorney fees. Investors in the settlement class must submit claims by August 1, 2026, to receive compensation or opt out by July 24, 2026, if they do not wish to participate.