DJS Law Group reminds Planet Fitness investors of securities class action
DJS Law Group said investors who bought Planet Fitness shares during a class period may contact the firm about a securities class action over alleged misleading statements.
DJS Law Group said Aug. 17 that it is reminding investors about a securities class action against Planet Fitness, Inc. (NYSE: PLNT) over alleged false and misleading statements during a class period that ran from Nov. 6, 2025, through May 6, 2026.
The release says shareholders who bought PLNT shares during that period may contact the firm about possible lead plaintiff appointment. It also says lead plaintiff status is not required to share in any recovery.
The complaint, as described in the release, accuses the company of violating Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
According to the PR Newswire item, the complaint says Planet Fitness overstated its ability to bring in new members through existing marketing campaigns. It also says the company did not effectively roll out its national Black Card price increase. The release says those alleged problems made the company’s public statements false and materially misleading throughout the class period.
The release does not include a court ruling or any response from Planet Fitness. It frames the matter as an allegation in a pending lawsuit and a reminder to investors about how to seek information from the firm.
The item is dated Aug. 17, 2026, and says it comes from DJS Law Group. It also includes marketing material for the firm and identifies David Schwartz as a founding partner of Schall Brown & Schwartz LLP, noting his work in securities class actions, corporate governance litigation and domestic and international M&A appraisals.
What happens next is not stated in the release. The notice says eligible shareholders may contact the firm regarding possible lead plaintiff appointments.
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