Tivity Health Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
|Company Name:||Tivity Health Inc|
|Stock Symbol :||NASDAQ:TVTY|
|Class Period Start:||02/24/2017|
|Class Period End:||11/03/2017|
|Lead Plaintiff motion:||01/19/2018|
|Type of Case:||Securities Class Action|
|Court:||U.S. District Court for the Middle District of Tennessee|
Thieler Law Corp advises investors with losses exceeding $100,000 of the January 19, 2018 lead plaintiff deadline in a class action lawsuit filed against Tivity Health Inc (NASDAQ:TVTY) (“Tivity Health” or “the Company”). The suit is pending in the U.S. District Court for the Middle District of Tennessee and investors, who purchased Tivity Health Inc securities between February 24, 2017, and November 3, 2017, have until January 19, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.
If you purchased Tivity Health Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing email@example.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.
The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Tivity Health was aware that its customer United Healthcare planned to expand its fitness benefit to seniors, the aforementioned expansion would represent direct competition to Tivity Health’s core program SilverSneaker, and as a result of the foregoing, the Company’s financial statements, as well as Defendants’ statements about Tivity Health’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
On November 6, 2017, UnitedHealth Group Inc revealed that it would extend fitness benefits to customers on its Medicare Advantage plans, a benefit it previously outsourced to Tivity.
Following this news, NASDAQ:TVTY dropped $16.45 per share, or 34.2%, to close at $31.60 per share on November 6, 2017.
If you were negatively impacted by your investment in Tivity Health Inc securities between February 24, 2017, and November 3, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.
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