Law360, New York (March 19, 2015, 6:27 PM ET) — A Massachusetts federal judge ordered Planet Fitness to pay $3.2 million in damages and prejudgment interest to investment adviser America’s Growth Capital LLC for coordinating the health club franchise’s $505 million sale to private equity firm TSG Consumer Partners LLC in 2013.
U.S. District Judge Richard G. Stearns on Wednesday ordered PFIP LLC, which does business as Planet Fitness, to pay $2.525 million in damages and $707,960 in prejudgment interest plus any post-judgment interest for quantum meruit and unjust enrichment resulting from a contract with AGC…
