Xponential Fitness Agrees to $17M FTC Settlement Over Deceptive Franchise Practices

Xponential Fitness has agreed to pay $17 million to settle Federal Trade Commission claims of deceptive practices towards franchisees. The FTC alleges that Xponential misrepresented information about the profitability of franchises, and the company will be required to refund the amount to affected franchisees. This settlement comes as part of an ongoing investigation into the company's business practices.