Investigation announced for Investors in shares of ATI Physical Therapy, Inc. (NYSE: ATIP) over possible Violations of Securities Laws

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

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 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 ATI Physical Therapy, Inc. operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States.

On Feb. 22, 2021, Fortress Value Acquisition Corp. II (NYSE: FAII), a special purpose acquisition company, and ATI Physical Therapy ("ATI" or the "Company"), a portfolio company of Advent International ("Advent") and the largest single-branded outpatient physical therapy provider in the United States, announced that they have entered into a definitive merger agreement.

On June 16, 2021, ATI Physical Therapy, Inc. and Fortress Value Acquisition Corp. II ("FVAC II") (NYSE: FAII), announced that at the special meeting of stockholders of FVAC II, all proposals presented at the Special Meeting, including the business combination proposal, were approved. On June 17, 2021, ATI Physical Therapy, Inc. announced that it has completed its business combination with Fortress Value Acquisition Corp. II.

Shares of ATI Physical Therapy, Inc. (NYSE: ATIP) declined from $10.28 per share on June 16, 2021, to as low as $0.855 per share on August 23, 2022.

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.

This release was published on openPR.