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Deadline on October 15th coming up in Lawsuit for Investors in ATI Physical Therapy, Inc. (NYSE: ATIP)

09-21-2021 06:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on October 15, 2021 in the lawsuit for certain investors in ATI Physical Therapy, Inc. (NYSE: ATIP).

A Deadline is coming up on October 15, 2021 in the lawsuit for certain investors in ATI Physical Therapy, Inc. (NYSE: ATIP).

A deadline is coming up on October 15, 2021 in the lawsuit filed for certain investors of ATI Physical Therapy, Inc. (NYSE: ATIP) over alleged securities laws violations by ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II.

Investors who purchased shares of ATI Physical Therapy, Inc. (NYSE: ATIP) have certain options and there are strict and short deadlines running. Deadline: October 15, 2021. NYSE: ATIP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of Illinois the plaintiff alleges on behalf of purchasers of ATI Physical Therapy, Inc. (NYSE: ATIP) common shares between April 1, 2021 and July 23, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 1, 2021 and July 23, 2021, the Defendants failed to disclose to investors that ATI was experiencing attrition among its physical therapists, that ATI faced increasing competition for clinicians in the labor market, that, as a result of the foregoing, the Company faced difficulties retaining therapists and incurred increased labor costs, that, as a result of the labor shortage, the Company would open fewer new clinics; and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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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