Tivity Health $17.05M Securities Class Action Settlement

Consumers who purchased or otherwise acquired Tivity Health Inc. common stock between March 8, 2019, and Feb. 19, 2020, may qualify to claim a cash payment from a class action settlement.

Tivity Health Inc. agreed to pay $17,050,000 to settle a class action lawsuit alleging it, along with certain executives, violated federal securities laws. The plaintiffs claimed Tivity made materially false and misleading statements, failed to disclose material information and engaged in a fraudulent scheme that caused Tivity Health’s stock price to artificially inflate during the class period.

Who can file a Tivity Health claim?

Class members must have purchased or otherwise acquired Tivity Health common stock between March 8, 2019, and Feb. 19, 2020.

The class includes both individuals and institutions, such as pension funds, that bought or acquired Tivity Health shares during the specified period.

How much can class members get?

Pro rata payment: The total settlement fund is $17,050,000. After deductions for attorneys’ fees, litigation expenses, settlement administration costs, taxes and any service awards to the lead plaintiff, the settlement administrator will distribute funds to eligible claimants.

The estimated average recovery is $0.70 per damaged share before fees and expenses and $0.26 after. The actual amount each class member receives depends on several factors, including:

• The total number of valid claims submitted
• The number of shares purchased or acquired during the class period
• The timing and price of purchases, acquisitions and sales
• Whether shares were held through certain dates or sold during the look-back period

No distributions will be made to claimants whose calculated distribution is less than $10.

How to claim a class action payment

Class members can file a claim online or download, print and complete a PDF claim form to mail to the settlement administrator. Completed claim forms and documentation must be postmarked or submitted online no later than Oct. 20, 2025.

Settlement administrator's mailing address: Tivity Health Securities Litigation Claims Administrator, c/o Verita Global, P.O. Box 301171 Los Angeles, CA 90030-1171

Those filing as a representative (such as an executor or administrator) must provide proof of authority to file on behalf of the claimant or estate.

Is proof or documentation required to submit a claim?

Yes. Claimants must submit copies of broker confirmations or other documentation of their transactions in Tivity Health common stock. Acceptable documentation includes:

• Broker confirmation slips
• Broker account statements
• An authorized statement from the broker containing the transactional information found in a broker confirmation slip

Failure to provide this documentation could delay verification or result in claim rejection.

Each legal entity must file a separate claim. Joint owners should not combine separate transactions, and individuals should not combine IRA transactions with those made solely in their own name.

Payout options

• Paper check
• Electronic payment

$17.05 million settlement fund breakdown

The $17,050,000 settlement fund covers:

• Settlement administration costs: To be determined
• Attorneys’ fees: Up to $4,262,500
• Attorneys’ expenses: Up to $2,000,000
• Service award to lead plaintiff: Up to $26,000
• Taxes: To be determined
• Payments to eligible class members: The remainder of the fund

If there is any balance remaining in settlement fund after the initial distribution, the settlement administrator may distribute a second round of payments. If it is not feasible to distribute a second round, the administrator will donate the remainder of the fund to a non-sectarian, not-for-profit charitable organization.

Important dates

• Claim deadline: Oct. 20, 2025
• Fairness hearing: Nov. 12, 2025

When is the Tivity Health Securities Litigation payout date?

Payments to eligible claimants will be made after the court grants final approval of the settlement, any appeals are resolved and all claims are processed.

Why is there a class action settlement?

The class action lawsuit alleged Tivity Health Inc. and certain executives violated federal securities laws by making false or misleading statements, omitting material information and engaging in a fraudulent scheme that artificially inflated the price of Tivity Health common stock.

The defendants denied all allegations of wrongdoing and liability. Both sides agreed to settle the case to avoid the burden, expense and uncertainty of further litigation and trial.

Sources

1. Class notice
2. Stipulation of settlement
3. Settlement FAQ
4. Claim form