FDD Items 3 & 4 · 2025 filing

iFlex Stretch Studios litigation history

What iFlex Stretch Studios disclosed about lawsuits, arbitrations and bankruptcy in the 2025 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.

Items 3 (litigation) & 4 (bankruptcy) at a glance

What the filing discloses

Cases disclosed: 7; Item 3, as counted in the filing

Largest settlement, franchisor's own cases: None stated

Bankruptcy (Item 4): None; Franchisor, parent, predecessor or officer

Filing year: 2025; Disclosures cover the prior ten years

Extracted from the 2025 Franchise Disclosure Document

Item 3: litigation

No litigation involving franchisor or its parent/affiliates. Seven lawsuits naming Anthony Geisler (CEO of Sequel Brands, listed in Item 2) as defendant from his prior role at Xponential Fitness: AKT franchisee suit, Yoga Six franchisee suit, Nickle CycleBar/BFT suit, American Health Concepts Georgia suit, In re Xponential Fitness Securities Litigation (consolidated), In re Xponential Fitness Derivative Litigation (consolidated), and Nelson derivative action.

Item 3 (litigation) · 7 matters disclosed · 7 pending listed

Litigation cases

Officers and directors (individuals, not the company)

Pending (7)

Nickle Acquisition, LLC, et al v. Xponential Fitness, Inc., et al.
pending
Brought by a franchisee · Anthony Geisler, named with Xponential, BFT and CycleBar entities and others · filed 2025-02-03 · Superior Court for the State of California, County of Orange · 30-2025-01459041-CU-AT-CXC
“… filed February 3, 2025, Superior Court for the State of California, County of Orange, Case No. 30-2025-01459041- CU-AT-CXC. This action was filed by a CycleBar”Page 14 of the 2025 FDD, Item 3
Stefanie Nelson, derivatively on behalf of Xponential Fitness, Inc., v. Anthony Geisler, Jair Clarke, Mark Grabowski, Chelsea A. Grayson, John Meloun, and Brenda Morris
pending
Brought by a third party · Anthony Geisler, with other XFI officers and directors · filed 2025-02-10 · United States District Court for the Central District of California, Southern Division · 8:25cv258
“… filed February 10, 2025, United States District Court for the Central District of California, Southern Division, Case No. 8:25cv258. Plaintiff, a purported shareholder of XFI, derivatively on behalf of XFI, filed this verified”Page 16 of the 2025 FDD, Item 3
American Health Concepts, LLC and Yaqim Lalani v. Yoga Six Franchise, LLC, Xponential Fitness, LLC, Anthony Geisler, and Lindsay Junk
pending
Brought by a franchisee · Anthony Geisler (former CEO of Xponential), with Yoga Six Franchise, LLC, Xponential Fitness, LLC and Lindsay Junk · filed 2024-12-11 · Superior Court of Dekalb County, State of Georgia (removed March 12, 2025 to the United States District Court for the Northern District of Georgia, Case No. 1:25-cv-01315-SCJ) · 24CV11069
“… filed December 11, 2024, Superior Court of Dekalb County, State of Georgia, Case No. 24CV11069. A former Yoga Six® franchisee and its owner filed this action against Y6, Xponential, the former Chief Executive Officer of Xponential, Anthony Geisler, and the”Page 14 of the 2025 FDD, Item 3
In re Xponential Fitness Securities Litigation
pending
Anthony Geisler, with Xponential Fitness, Inc. (XFI) and other officers, directors and underwriters · filed 2024-02-09 · United States District Court for the Central District of California, Southern Division · 8:24-cv-00285
“… filed February 9, 2024, United States District Court for the Central District of California, Southern Division, Case No. 8:24-cv-00285. Two actions, (1) City of Taylor General Employees Retirement System v. Xponential Fitness, Inc., Anthony Geisler, and John Meloun, filed February 9, 2024, United States District Court for the Central District of”Page 15 of the 2025 FDD, Item 3
In re Xponential Fitness, Inc. Derivative Litigation
pending
Anthony Geisler, with other XFI officers and directors (nominal defendant Xponential Fitness, Inc.) · filed 2024-03-10 · United States District Court for the Central District of California, Western Division · 2:24-cv-01928-JWH-KES
“… filed March 10, 2024, United States District Court for the Central District of California, Western Division, Case No. 2:24-cv- 01928-JWH-KES. Two actions, (1) Gideon Akande v. Anthony Geisler, John Meloun, Jair Clarke, Mark Grabowski, Chelsea A. Grayson, Brenda Morris, and, nominally, Xponential Fitness, Inc., filed March 10, 2024, United”Page 16 of the 2025 FDD, Item 3
Dance Fitness Michigan LLC, et al. v. AKT Franchise, LLC, et al.
pending
Brought by a franchisee · Anthony Geisler (CEO of Sequel Brands; formerly CEO of Xponential), named with other Xponential officers and entities · filed 2023-08-30 · Superior Court of the State of California, County of Orange · 30-2023-01345433-CU-AT-CXC
“… filed August 30, 2023, Superior Court of the State of California, County of Orange, Case No. 30-2023-01345433- CU-AT-CXC (the “AKT Lawsuit”). This action was filed by certain former AKT”Page 13 of the 2025 FDD, Item 3
Enlightened Armadillo, Inc., et al. v. Yoga Six Franchise, LLC, et al.
pending
Brought by a franchisee · Anthony Geisler, named with Yoga Six, Xponential entities and others · filed 2023-11-22 · Superior Court of the State of California, County of Orange · 30-2023-01367265-CU-AT-CXC
“… filed November 22, 2023, Superior Court of the State of California, County of Orange, Case No. 30-2023- 01367265-CU-AT-CXC. This action was filed by two Yoga Six”Page 13 of the 2025 FDD, Item 3

Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.

Disclosure signals that moved the score

How this shows up in the verdict

Chief Development Officer Anthony Geisler faces multiple active lawsuits involving fraud, failure to disclose, and securities litigation from his Xponential Fitness tenure — raises serious integrity and leadership concerns

The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.

Before you weigh a lawsuit

How to read Item 3

A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.

Questions worth asking current and former franchisees, using the contact list in Item 20:

Were you, or anyone you know in the system, party to a dispute with the franchisor?
Was it resolved by settlement, arbitration or a court, and on what terms?
Has the number of disputes gone up or down since you signed?

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