YogaWorks, Inc. Loss Submission Form

The Klein Law Firm announces that a complaint has been filed on behalf of shareholders of YogaWorks, Inc. (NASDAQ: YOGA) who purchased shares pursuant to the IPO commenced around August 10, 2017 and closed August 16, 2017. The action was filed in the USDC for the Central District of California.

The complaint alleges that Defendants violated their disclosure obligations because the Offering Materials materially misrepresented and failed to adequately disclose the truth concerning the several known trends negatively impacting YogaWorks’ business at the time of the IPO, including, inter alia: (i) declining studio profitability; (ii) the impact of increased corporate overhead; (iii) declining financial metrics that would ultimately lead to a substantial impairment charge and (iv) the conditions that led to the Defendants to postpone the initial offering.

Shareholders have until February 25, 2019 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

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