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Investigation announced for Investors who lost money with shares of ATI Physical Therapy, Inc. (NYSE: ATIP)

04-07-2023 05:56 AM 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 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 based ATI Physical Therapy, Inc. operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. ATI Physical Therapy, Inc. reported that its annual Total Revenue rose from $627.87 million in 2021 to $635.67 million in 2022, and that its Net Loss declined from $782.02 million in 2021, to $492.37 million in 2022.

Shares of ATI Physical Therapy, Inc. (NYSE: ATIP) declined from over $2.25 in June 2022 to as low as $0.224 per share in December 2022.

On April 6, 2023, NYSE: ATIP shares closed at $0.242 per share.

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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