Stefanie Nelson v. Anthony Geisler

Good Law
United States District Court, Central District of CaliforniaMarch 4, 20258:25-cv-00258California586 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

CENTRAL DISTRICT OF CALIFORNIA

CIVIL MINUTES—

GENERAL

2:24-cv-01928-JWH-KES Case No. 8:25-cv-00258-JWH-JDE Date March 4, 2025 Title Gideon Akande vy. Anthony Geisler, et al.; Stefanie Nelson v. Anthony Geisler, et al.

Present: The Honorable JOHN W. HOLCOMB, UNITED STATES DISTRICT JUDGE

Clarissa Lara Not Reported Deputy Clerk Court Reporter Attorney(s) Present for Plaintiff(s): Attorney(s) Present for Defendant(s): None Present None Present Proceedings: ORDER TO SHOW CAUSE RE: CONSOLIDATION (IN

CHAMBERS)

On March 10, 2024, Gideon Akande, derivatively on behalf of Xponential Fitness, Inc. (““Xponential”), commenced a stockholder derivative lawsuit against Defendants John Meloun, Jair Clarke, Mark Grabowski, Chelsea A. Grayson, and Brenda Morris (collectively, the “Individual Defendants”’) and against Nominal Defendant Xponential (collectively, ““Defendants”) in Case No. 8:24-cv-01928 (the “First Action”).’ Akande alleges that Defendants’ breached fiduciary duties, causing the Xponential to suffer…

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