SAN DIEGO, Feb. 21, 2020 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims Tivity Health, Inc. ("Tivity") TVTY for violations of federal securities laws.
On February 19, 2020, Tivity reported the fourth-quarter and fiscal year 2019 results. For the fourth quarter, the Company reported a loss of $323.1 million or $6.69 a share, which includes a non-cash impairment charge of $377.1 million in its Nutrition segment. The Company also announced the immediate departure of its CEO, as well as the resignation of the President of the Nutrition segment.
Following this news, Tivity's shares plummeted 45.49% on February 20, 2020.
If you have information that could assist in this investigation, including past employees and others, or if you are a Tivity shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP
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