Energy News / Shareholders Foundation, Inc.

NASDAQ: TVTY Shareholder Notice: Investigation over Potential Wrongdoing at Tivity Health Inc

Via: ReleaseWire

Updated 11:00 AM CDT, Mon, April 08,2019

An investigation on behalf of investors in Tivity Health Inc (NASDAQ: TVTY) shares over potential wrongdoing at Tivity Health Inc (NASDAQ: TVTY was announced and Tivity Health Inc (NASDAQ: TVTY stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 04/08/2019 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at Tivity Health Inc (NASDAQ: TVTY).

Investors who purchased shares of Tivity Health Inc (NASDAQ: TVTY) and currently hold any of those Tivity Health Inc (NASDAQ: TVTY shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Tivity Health Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

On November 20, 2017, a lawsuit was filed against Tivity Health Inc (NASDAQ: TVTY) over alleged violations of Federal Securities Laws. The plaintiff claimed that between February 24, 2017, and November 3, 2017, the Defendants issued materially false and/or misleading statements and/or failed to disclose that Tivity Health Inc was aware that its customer United Healthcare, Inc. planned to expand its fitness benefit to seniors, that the aforementioned expansion would represent direct competition to Tivity Health's core program SilverSneaker, and that 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.

Those who purchased shares of Tivity Health Inc (NASDAQ: TVTY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-tvty-shareholder-notice-investigation-over-potential-wrongdoing-at-tivity-health-inc-1190422.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com