San Diego, CA -- (SBWIRE) -- 09/07/2022 -- ATI Physical Therapy, Inc is under investigation over potential securities laws violations 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 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:
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.