Tivity, Investors Reach Tentative Settlement Over Merger (1)

Tivity Health Inc. has reached a tentative deal to end investors’ class claims that it overstated the benefits of its 2019 Nutrisystem Inc. acquisition, the wellness company told a federal court.

The terms weren’t available in Judge Waverly D. Crenshaw Jr.'s order on Wednesday canceling a hearing scheduled to take place before a June 9 trial in the US District Court for the Middle District of Tennessee. Attorneys for the parties didn’t immediately respond to an emailed request Thursday for information about the agreement.

• The investors allege Tivity misled them after the $1.3 billion merger about its newly acquired nutrition ...