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Eric Weller was found guilty of conspiracy to engage in insider trading related to Life Time’s 2015 private equity buyout.
Club Industry Newsweek
 

APRIL 23, 2019

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NEWS

Life Time Insider Trading Conspirator Found Guilty by Federal Jury

Eric Weller was found guilty of one count of conspiracy to engage in insider trading and faces a maximum sentence of five years in prison. In 2015, Weller was one of nine conspirators who, on an illegal tip, allegedly purchased and sold approximately 2,000 "highly speculative" call options for Life Time shares, amounting to $866,209, prior to the company's privatization.

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9 Fitness Franchises Made Franchise Business Review's Top 200 Best Franchises of 2019 List

Franchise Business Review's annual survey polled 30,000 franchisees from 310 franchise brands to determine which brands rank highest in terms of franchisee satisfaction. Nine fitness franchises, including Planet Fitness, Gold's Gym and Orangetheory Fitness, were included in this year's list.

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Back to Basics: the Motionsoft Technology Summit’s Plan to Help You Get, Know and Keep Members

The Motionsoft Technology Summit will again provide a collaborate learning venue for technology and marketing C-level executives to assist them in the critical role they now play in a health club's success. The sixth annual event occurs this year on Sept. 16-18 in Washington, DC.

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FROM CLUB INDUSTRY

Don’t Underestimate the Power of Emotional Intelligence Within Your Club

Emotional intelligence—defined as one’s soft skills or intangibles—isn’t talked about nearly enough in today’s fitness industry, yet it directly influences sales conversion, client retention, staff engagement, effective leadership and overall club culture. This is why you and your staff should sign up for this free Club Industry Master Class webinar, “An Invisible Element of Success No One is Talking About: Emotional Intelligence.” This presentation will share insight into the power of emotional intelligence and explain why you cannot afford to ignore it in today’s increasingly competitive market. Register for this webinar at 2 p.m. Eastern on Thursday, May 16, by going here.  

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Predict the Future of Fitness at THE Intimate Educational Conference

Understand economic trends, social media strategies, sales and retention techniques all while forecasting success through proven strategies to grow your business by attending the Club Industry Business Summit, a partnership between Club Industry and SCW MANIA. While at the Club Industry Business Summit, consider adding to the 44 educational lectures some of the more than 200 MANIA Convention personal training and group fitness sessions and certifications. Experience a unique view on what is here to stay and what is about to explode in fitness tomorrow. Find out more here.  

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Find Fitness Business Insights in the Club Industry Podcast

Club Industry has launched  The Club Industry Podcast—a new audio resource with fresh content and expert insights that will further aid you in your quest to operate a smart and successful fitness business. Episode one  features Eric Casaburi, the founder and CEO of Retro Fitness, and episode two features Michael Piercy, the owner of The LAB. You can stream or download each episode at Club Industry's SoundCloud page. 

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IN BRIEF

Supplier News

Rap Sensation Ace Hood Launches Transformational Workout Program That Takes a Holistic Approach to Fitness 

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The 2019 Club Industry Show

The Club Industry Show is the most comprehensive event in the fitness industry. Save the date and join your health and wellness peers at the 2019 Club Industry Show, Oct. 9-11, 2019, at the Hilton Chicago. Learn more details  here.

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Get a subscription to all of Club Industry's online content, including educational videos, current and archived stories, trend content and more (plus a discount on one of our reports), by becoming a Premium subscriber.   Go here to learn more.

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