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...
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