February 21, 2018
A former Lifetime Fitness executive accused of tipping friends about the gym chain's planned private equity buyout in exchange for a cut of trading profits pled guilty on Wednesday to a count of conspiracy to commit securities fraud he faced over the scheme.
January 30, 2018
A former Life Time Fitness Inc. executive intends to plead guilty to leaking information about the gym chain's planned private equity buyout to friends in exchange for a cut of their trading profits, prosecutors told an Illinois federal judge Tuesday.
November 08, 2017
One of nine people indicted on charges involving a brazen insider trading scheme around the $2.8 billion private equity takeover of ultra-premium gym chain Life Time Fitness has agreed to cooperate in the investigation in exchange for a deferred-prosecution agreement, and another pled not guilty with the intent to sign his own DPA, attorneys announced Wednesday.
October 26, 2017
A former Life Time Fitness Inc. executive accused of leaking information about the company's plans for a private equity buyout to friends who used it to make trades pled not guilty in Illinois federal court Thursday.
October 24, 2017
An Illinois man accused of disseminating nonpublic information ahead of Life Time Fitness Inc.'s $2.8 billion 2015 private equity buyout to people who used it to make trades pled not guilty in Illinois federal court Tuesday.
October 11, 2017
A California man charged in an insider trading scheme stemming from the 2015 private equity buyout of Life Time Fitness Inc. pled not guilty in Illinois federal court Wednesday.