NEW YORK, NY / ACCESSWIRE / July 26, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating ATI Physical Therapy, Inc. (NYSE:ATIP) for potential securities violations and breach of fiduciary duty.
On July 26, 2021, ATI reported its financial results for the second fiscal quarter of 2021. Net operating revenue was $164.0 million, compared to $149.1 million in the first quarter of 2021. The Company also announced it was lowering guidance for the balance of the fiscal year. Following this news, ATI's shares fell over 35% in early morning trading on July 26, 2021.
If you currently own stock or options in ATI Physical Therapy, Inc. and want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected] .
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Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at Labaton.com .
CONTACT:
David J. Schwartz
(800) 321-0476
[email protected]
SOURCE: Labaton Sucharow LLP