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Tivity Investors Win Cert. In Suit Over $1.3B Nutrisystem Deal

Law 360 M&A

A Tennessee federal judge Tuesday certified a class of Tivity Health Inc. investors who blame the healthcare company and its executives for a steep stock slump tied to its $1.3 billion acquisition of Nutrisystem Inc.

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Health Co.'s $2B Take-Private Deal Challenged By Investors

Law 360 M&A

Health improvement company Tivity Health Inc. has been hit with a pair of investor suits seeking to block its $2 billion planned acquisition by private equity firm Stone Point Capital, with the investors saying Tivity omitted material information about the company's financial projections.

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Tivity Seeks Quick Win In Investors' Nutrisystem Buy Suit

Law 360 M&A

Fitness and health program company Tivity Health Inc. has asked a Tennessee federal court to give it a quick win in a consolidated investor class action alleging the company misled investors about its financial outlook following its $1.3

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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

Lucia Companies, Inc. Lee Enterprises, Inc. CytoDyn Inc. 13, 2021), which we discussed in our 2021 Year-End Securities Litigation Update, the court declined to apply both the stringent review of Blasius Industries, Inc. UIP Companies, Inc. Chris-Craft Industries, Inc. , Atlas Corp. ,