An investigation on behalf of current long term investors in Tivity Health Inc (NASDAQ: TVTY) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 02/21/2019 -- An investigation was announced for investors in shares of Tivity Health Inc (NASDAQ: TVTY) concerning potential breaches of fiduciary duties by certain directors of Tivity Health Inc.
Investors who are current long term investors in Tivity Health Inc (NASDAQ: TVTY) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: TVTY stocks follows a lawsuit filed against Tivity Health Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TVTY stocks, concerns whether certain Tivity Health directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that 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.
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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.
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