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Investigation announced for Investors in shares of ATI Physical Therapy, Inc. (NYSE: ATIP)

08-04-2021 08:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in ATI Physical Therapy, Inc. (NYSE: ATIP) shares over potential securities laws violations.

An investigation for investors in ATI Physical Therapy, Inc. (NYSE: ATIP) shares over potential securities laws violations.

An investigation was announced concerning possible violations of laws by ATI Physical Therapy, Inc. s in connection with certain financial statements.

Investors who purchased shares of ATI Physical Therapy, Inc. (NYSE: ATIP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ATI Physical Therapy, Inc. (NYSE: ATIP) concerning whether a series of statements by ATI Physical Therapy, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Bolingbrook, IL based ATI Physical Therapy, Inc. provides outpatient physical therapy services in the United States.

On June 16, 2021, ATI Physical Therapy, Inc. (NYSE: ATIP) completed its business combination with Fortress Value Acquisition Corp. II ("FVAC II"), a special purpose acquisition company.
On July 26, 2021, ATI Physical Therapy, Inc. reported its financial results for the second quarter of 2021. The Company reduced its fiscal 2021 guidance due to "the acceleration of attrition among [its] therapists in the second quarter and continuing into the third quarter."

Shares of ATI Physical Therapy, Inc. (NYSE: ATIP) declined from $10.44 per share on June 17, 2021, to as low as $2.81 per share on July 30, 2021.

Those who purchased shares of ATI Physical Therapy, Inc. (NYSE: ATIP) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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