Brown Legislation Tapped To Guide Tivity Wellbeing Course Go well with In Del.

Alica P. Craig
Law360 (September 25, 2020, 5:31 PM EDT) — The Brown Law Company Computer emerged Thursday as lead counsel in a federal consolidated go well with in search of damages from directors and officers in the title of nourishment firm Tivity Health and fitness Inc., who are blamed for a steep inventory slump tied to its $1.3 billion acquisition of Nutrisystem Inc. in 2019.

U.S. District Court Judge Richard G. Andrews’ order consolidated a few spinoff satisfies filed in Delaware in July, and picked Brown to direct the shareholders’ aspect. The suits designed related promises in opposition to 14 Tivity directors and top rated officers, accusing them of securities legislation violations and disclosure and obligation failures, along with violations of…

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