San Diego, CA -- (SBWire) -- 08/11/2021 --ATI Physical Therapy, Inc is under investigation over potential securities laws violations by ATI Physical Therapy, Inc. 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 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:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.
ATI Physical Therapy, Inc. (NYSE:ATIP) Shareholder Notice: Investigation over Possible Violations of Securities Laws
An investigation for investors in ATI Physical Therapy, Inc. (NYSE:ATIP) shares over potential securities laws violations by ATI Physical Therapy, Inc. was announced.