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Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Tivity Health Securities Litigation

The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the proposed Settlement in the Tivity Health Securities Litigation:

UNITED STATES DISTRICT COURT

MIDDLE DISTRICT OF TENNESSEE

ROBERT STROUGO, Individually and on Behalf of All Others Similarly Situated,

 

Civil Action No. 3:20-cv-00165

 

 

 

 

CLASS ACTION

Plaintiff,

 

 

Judge Waverly D. Crenshaw, Jr.

vs.

Magistrate Judge Jeffery S. Frensley

 

TIVITY HEALTH, INC., et al.,

SUMMARY NOTICE

 

Defendants.

IF YOU PURCHASED OR OTHERWISE ACQUIRED TIVITY HEALTH, INC. (“TIVITY HEALTH”) COMMON STOCK BETWEEN MARCH 8, 2019, AND FEBRUARY 19, 2020, INCLUSIVE (THE “CLASS PERIOD”), YOU COULD RECEIVE A PAYMENT FROM A CLASS ACTION SETTLEMENT. CERTAIN PERSONS ARE EXCLUDED FROM THE DEFINITION OF THE CLASS AS SET FORTH IN THE STIPULATION OF SETTLEMENT.

PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Middle District of Tennessee, that in the above-captioned litigation (the “Litigation”), a $17.05 million settlement has been proposed (the “Settlement”). A hearing will be held on November 12, 2025, at 9:00 a.m., before the Honorable Waverly D. Crenshaw, Jr., at the United States District Court for the Middle District of Tennessee, Fred D. Thompson U.S. Courthouse and Federal Building, 719 Church Street, Nashville, TN 37203, for the purpose of determining, among other things, whether: (i) the proposed Settlement should be approved by the Court as fair, reasonable, and adequate; (ii) the proposed Plan of Allocation for distribution of the Settlement proceeds is fair, reasonable, and adequate, and therefore should be approved; and (iii) the application of Lead Counsel for the payment of attorneys’ fees and expenses from the Settlement Fund, including interest earned thereon, and an award to Lead Plaintiff pursuant to 15 U.S.C. §78u-4(a)(4), should be granted.

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED BY THE SETTLEMENT OF THE LITIGATION, AND YOU MAY BE ENTITLED TO SHARE IN THE NET SETTLEMENT FUND. You may obtain a copy of the Stipulation of Settlement, the Notice of Proposed Settlement of Class Action (“Notice”), and the Proof of Claim and Release form (“Proof of Claim”) at www.TivityHealthSecuritiesLitigation.com, or by contacting the Claims Administrator: Tivity Health Securities Litigation, Claims Administrator c/o Verita Global, P.O. Box 301171, Los Angeles, CA 90030-1171; 1-888-756-7630.

If you are a Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim by mail postmarked no later than October 20, 2025, or electronically via the website by that date. If you are a Class Member and do not submit a valid Proof of Claim, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will still be bound by any judgment entered by the Court in this Litigation (including the releases provided for therein).

No further exclusion opportunity is being provided under the Settlement. Because no Class Member excluded themselves previously when notice was provided, you will be bound by any judgment entered by the Court in this Litigation (including the releases provided for therein) whether or not you submit a Proof of Claim.

Any objection to the proposed Settlement, the Plan of Allocation, and/or the fee and expense application must be filed with the Court and sent to Lead Counsel and Defendants’ Counsel no later than October 22, 2025, in the manner and form explained in the Notice.

PLEASE DO NOT CONTACT THE COURT, THE CLERK’S OFFICE, DEFENDANTS, OR DEFENDANTS’ COUNSEL REGARDING THIS NOTICE. If you have any questions about the Settlement, or your eligibility to participate in the Settlement, you may contact Lead Counsel at the following address:

ROBBINS GELLER RUDMAN

 

& DOWD LLP

ELLEN GUSIKOFF STEWART

655 W. Broadway, Suite 1900

San Diego, CA 92101

settlementinfo@rgrdlaw.com

Telephone: 1-800-449-4900

 

DATED: June 30, 2025

BY ORDER OF THE COURT

 

UNITED STATES DISTRICT COURT

 

MIDDLE DISTRICT OF TENNESSEE

 

Contacts

Media Contact:

Robbins Geller Rudman & Dowd LLP

Shareholder Relations Department

Greg Wood

(619) 231-1058