Bragar Eagel & Squire, PC Are Investigating Goldman Sachs And Planet Fitness, Urging Investors To Contact The Company
NEW YORK, Jan. 29, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, has announced a potential We are investigating your claim. , Inc. (NYSE: PLNT). Our investigation concerns whether these companies violated federal securities laws and/or engaged in other illegal business practices. Additional information on each case can be found at the links provided.
Goldman Sachs Group (NYSE: GS)
During trading hours on January 20, 2023, The Wall Street Journal published an article titled “US Fed Investigates Goldman Sachs’ Consumer Business.” “The U.S. Federal Reserve is investigating whether Goldman Sachs Group Inc.’s consumer business had appropriate safeguards in place when banks increased their lending,” the article said. It is The article added, “The central bank is concerned that the Wall Street giant did not have adequate monitoring and control systems inside as its consumer arm, Marcus, grew in size.” ‘ said. The article states, “The investigation, which began with the agency’s standard business review in 2021 and bolstered by last year’s investigation, also looks at instances of customer harm and whether they were adequately resolved. ‘ added.
On this news, Goldman Sachs price fell by $8.91, or 2.54%, to close at $341.84 on January 20, 2023.
For more information on the Goldman Sachs investigation, please visit https://bespc.com/cases/GS.
Planet Fitness, Inc. (NYSE: PLNT)
On January 19, 2023, market analyst The Bear Cave published a report titled “What’s Wrong with Planet Fitness.” Among other things, the report found that Planet Fitness released inaccurate slides in its investor presentations that underestimated market saturation and, as a standard practice, overcharged customers, discouraged membership cancellations, and resulted in nationwide After reviewing the evidence, The Bear Cave said it “questioned whether Planet Fitness was actually a thriving gym franchise or an illegal billing operation that sidelined gyms.” I think,” he said.
On the news, Planet Fitness’ stock fell $1.96 per share, or 2.4%, in intraday trading.
For more information on Planet Fitness research, please visit https://bespc.com/cases/PLNT.
About Bragar Eagel & Squire, PC:
Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individuals and institutional investors in commercial, securities, derivative and other complex litigation in state and federal courts nationwide. For more information about the company, please visit:
www.bespc.com
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contact address:
Bragar Eagel & Squire, PC
Mr Brandon Walker
Melissa Fortunato, Esq.
(212) 355-4648
survey@bespc.com
www.bespc.com
