Bally, LA Fitness Belted With Post-Sale Membership Suit

Law360, New York (January 11, 2012, 7:01 PM EST) -- Two Illinois residents hit Bally Total Fitness Holding Corp. and LA Fitness International LLC with a class action on Sunday, claiming LA Fitness' recent $153 million purchase of certain Bally clubs left them with all but meaningless Bally lifetime memberships.

Bally announced in November it was selling 171 fitness clubs to LA Fitness affiliate Fitness International LLC in order to focus on clubs in its core markets and strengthen its balance sheet.

However, the transaction has left a horde of confused and frustrated Bally and ex-Bally...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Dorado et al v. Bally Total Fitness Holding Corporation et al


Case Number

1:12-cv-00137

Court

Illinois Northern

Nature of Suit

190(Contract: Other)

Date Filed

January 8, 2012

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.