NEW YORK, March 18, 2015 /PRNewswire/ -- The fairness of the proposed acquisition of Life Time Fitness, Inc. ("LTM" or the "Company") by Leonard Green & Partners and TPG ("Green and TPG") is being investigated by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of LTM concerning Green and TPG's acquisition of LTM. On March 16, 2015, the Company announced a definitive merger agreement for the acquisition of all outstanding shares of LTM by Green and TPG with LTM shareholders to receive $72.10 in cash for each LTM share they own.

WeissLaw is investigating whether LTM's Board is amply acting to maximize shareholder value. Notably, the offer price represents a mere 4% premium over the Company's March 6, 2015 trading price of $69.13. Additionally, the Company announced total revenues of $315.3 million for the fourth quarter of 2014, as compared to $291 million in the same quarter of the previous year.

Given these facts, WeissLaw is investigating whether LTM's Board is acting in the best interests of LTM public shareholders by actively shopping the Company to maximize shareholder value prior to entering into any agreement with Green and TPG. If you own LTM shares and would like more information about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin or Kelly Keenan by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.

Attorney Advertising. Past results do not guarantee a similar outcome.

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SOURCE WeissLaw LLP