SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of ATI Physical Therapy, Inc. f / k / a Fortress Value Acquisition Corp. II of a class action and a principal plaintiff until October 15, 2021
New York, New York – (Newsfile Corp. – October 1, 2021) – The following statement is released by Levi & Korsinsky, LLP:
To: All persons or entities who have purchased or otherwise acquired securities of ATI Physical Therapy, Inc. f / k / a Fortress Value Acquisition Corp. II (“ATI”) (NYSE: ATIP) This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired securities of ATI between April 1, 2021 and July 23, 2021 inclusive and / or (b) held class A ordinary shares of FVAC as of May 24, 2021 and were eligible to vote at FVAC’s special meeting on June 15, 2021.. You are hereby notified that a securities class action lawsuit has been brought in the United States District Court for the Northern District of Illinois. For more information, visit:
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.
ATI Physical Therapy, Inc. f / k / a Fortress Value Acquisition Corp. II NEWS – ATIP NEWS
CASE DETAILS: According to the complaint filed: (1) ATI was experiencing attrition among its physiotherapists; (2) ATI faces increasing competition for clinicians in the workforce; (3) due to the above, the Company had difficulty retaining therapists and incurred increased labor costs; (4) due to the labor shortage, the Company would open fewer new clinics; and (5) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.
WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a loss in ATI, you have up to October 15, 2021 request that the Court appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you have purchased securities of ATI This lawsuit is on behalf of investors who: (a) purchased or otherwise acquired securities of ATI between April 1, 2021 and July 23, 2021 inclusive and / or (b) held Class A common shares of FVAC on May 24, 2021 and were eligible to vote at FVAC’s special meeting on June 15, 2021., you may be entitled to compensation without payment of any fees or expenses.
PROTECT YOUR FINANCIAL INTERESTS: Fill out this brief submission form https: //www.zlk.com/pslra-1/ati-physical-therapy-inc-fka-fortress-value-acquisition-corp-ii-loss-submission-form? prid = 20040 & wire = 5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington, DC The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients since nearly 20 years and have achieved remarkable results for clients in the United States and abroad. The firm, which has more than 80 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in the United States. The SCAS Top 50 report identifies the leading securities law firms of plaintiffs in the country, and year after year ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York 10006
Phone. : (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98248