Life Time Fitness Escapes Investor Suit Over $2.8B Buyout

By Matthew Guarnaccia ( August 7, 2017, 12:45 PM EDT) -- A Minnesota federal judge on Sunday threw out the remaining claim in a proposed class action by investors over Life Time Fitness Inc.'s $2.8 billion private equity buyout in 2015, saying the shareholders can't prove the company's CEO and directors acted in their own self-interest by approving the deal....

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