Bally Total Fitness (BFTH) Up 90% on ...

Bally Total Fitness (BFTH) Up 90% on Buyout News

There are 24 comments on the SchaeffersResearch.com Daily Market Blog story from Jun 8, 2007, titled Bally Total Fitness (BFTH) Up 90% on Buyout News. In it, SchaeffersResearch.com Daily Market Blog reports that:

Bally Total Fitness Up 90% on Buyout News Posted 3:23 PM are up more than 94% today, after reports surfaced that a number of private-equity firms may be interested in bidding on the company. via SchaeffersResearch.com Daily Market Blog

Join the discussion below, or Read more at SchaeffersResearch.com Daily Market Blog.

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EBartra

Pompano Beach, FL

#21 Dec 5, 2011
I too was also a PremierPlus member, and it looks like LA Fitness is not honoring my contract by limiting me to a single gym that is located somewhere I lived 16 years ago. An LA Fitness rep told my to contact Bally's Corp to fix the issue, but I got the run around form Bally's because they no longer have any of my account information on file and kept insisting I deal with LA Fitness.

I'm looking for some type of class action suit to join because Bally's may have changed my account info on me or LA Fitness could have been screwed by Bally's and is not willy to honor my lifetime contract.
KGuy wrote:
I have a Bally Total Fitness "Premier Plus" membership (use any club, any time, cheap fixed yearly rate). I've been a member of BTF for 18 years. The membership was purchase in NJ, but I've used it in MA for all 18 of those years. That's the address on my Bally account, that's where I go to work out, that's where I live.
I just received notice that they are transferring my account to LA Fitness because my "home club" (where the membership was originally purchased) is in NJ.
There are no LA Fitness locations convenient to me. LA Fitness is NOT taking over the MA Bally Total Fitness locations.
This really sucks.
Anyone else in this position, and were you able to get them to NOT transfer your membership to LA Fitness?
ErikaS

Bedford, TX

#22 Dec 5, 2011
Mr Lifetime Member wrote:
I'm a 'Limetime' member, no dues, for close to 29 years, I was told my membership is NOT being honored by either club. Now what?
Not sure where your located. Did you talk to them in person at the gym or did you call? If you called and they told you that, you might have spoken to one of there customer service people that don't have a clue or just didn't want to deal with you. I would call back and speak to someone else. I had called the 800 number a few times, the first time, I was told my account was transferred because my home gym was transferred. Then after speaking to LA fitness was told they don't get any of the Lifetime memberships. When I called Bally's again they pretty much said they keep the Lifetime members and just have to transfer them to another gym. I would check back, I am sure they would have a class action suit against them if they just dropped all the LIFETIME members. Good Luck.
omar

United States

#23 Dec 6, 2011
Bally’s gave its loyal members a great example of Corporate greed and LA Fitness is providing the shaft by ending and not honoring the Bally’s fitness lifetime members contract nor any other. I am Miami, Florida (Attending Bally’s at Southland Mall) and I was informed by the new LA Fitness staff that Bally’s has sold all of its memberships with a final expiration date ending 2012 of a calendar year (Corporate Greed), in which time all will be subject to LA Fitness new monthly rates (The Shaft.)
screwed again

Bay Shore, NY

#25 Jan 1, 2012
Member with lifetime premium plus benefits, only $84/year. Always paid on time, used mainly Lake Grove facility. New owners will not honor Bally's contract. Lawsuit will be against Bally's for breach of contract.

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