ReleaseWire

ATI Physical Therapy, Inc. (NYSE:ATIP) Shareholder Notice: Investigation over Potential Securities Laws Violations

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

Posted: Wednesday, April 12, 2023 at 12:15 PM CDT

San Diego, CA -- (SBWire) -- 04/12/2023 --ATI Physical Therapy, Inc. is under investigation concerning potential violations of securities laws by ATI Physical Therapy, Inc. in connection with certain 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. 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 11, 2023, NYSE: ATIP shares closed at $0.2425 per share.

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 The Shareholders Foundation
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.