NEW YORK, NY / ACCESSWIRE / July 27, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ATI Physical Therapy, Inc. ("ATI" or the "Company") (NYSE:ATIP). Investors who purchased ATI shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: http://www.bgandg.com/atip.
The investigation concerns whether ATI and certain of its officers and/or directors have violated federal securities laws.
On June 16, 2021, ATI completed its business combination with Fortress Value Acquisition Corp. II ("FVAC II"), a special purpose acquisition company. Then, on July 26, 2021, ATI reported its financial results for the second fiscal quarter of 2021. ATI's reported results included net operating revenue of $164.0 million, compared to $149.1 million in the first quarter of 2021. The Company also announced that it was lowering guidance for the balance of the fiscal year. On this news, ATI's stock price fell $3.62 per share, or 43.41%, to close at $4.72 per share on July 26, 2021.
If you are aware of any facts relating to this investigation, or purchased ATI shares, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/atip. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC