Law 360

NOVEMBER 15, 2023

Fitness software platform Mindbody Inc., its former CEO, and the private equity firm that bought the company may not reduce the damages they owe shareholders in a Delaware Chancery Court class action by the $27 million other co-defendants paid to settle their claims, the court's top judge ruled on Wednesday.

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Court 52

Law 360

MARCH 7, 2022

Delaware's Chancery Court shuffled its schedule last week in response to Russia's invasion of Ukraine, kicked off an eight-day trial involving wellness company Mindbody Inc., and saw a decision about Cox Communications' wireless aspirations reversed and remanded. Here's a wrap-up of last week's news from the court.

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Court 75

Law 360

MARCH 15, 2023

Stockholders of fitness software company Mindbody Inc. who challenged its $36.50-per-share per-share acquisition in 2019 by Vista Equity Partners Management LLC should have gotten $1 more per share and are entitled to damages plus interest, Delaware's Court of Chancery ruled Wednesday.

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Court 40

LawSites

NOVEMBER 9, 2022

CEO Josh Baxter said that Tedjamulia will continue to work with the company as its chief evangelist, a role he has already played in spirit if not in title. Baxter and Tedjamulia announced that stepping in to the role of CTO will be John Motz , who was most recently SVP of Mindbody Software , which develops wellness software.

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