NEW YORK, Aug. 20, 2021 (Globe NEWSWIRE) — WHY: Rosen Regulation Business, a global investor legal rights legislation firm, announces the filing of a course action lawsuit on behalf of: (a) purchasers of the securities of ATI Physical Treatment, Inc. f/k/a Fortress Worth Acquisition Corp. II (NYSE: ATIP) concerning April 1, 2021 and July 23, 2021, inclusive (the “Class Period”) and/or (b) buyers who held Fortress Value Acquisition Corp. II (“FVAC”) Class A common stock as of May possibly 24, 2021 and ended up suitable to vote at FVAC’s June 15, 2021 distinctive meeting. A course motion lawsuit has by now been filed. If you would like to serve as direct plaintiff, you should shift the Courtroom no later than October 15, 2021.
SO WHAT: If you ordered ATI securities in the course of the Class Period you might be entitled to payment devoid of payment of any out of pocket expenses or prices via a contingency cost arrangement.
WHAT TO DO Upcoming: To sign up for the ATI class action, go to http://www.rosenlegal.com/situations-sign-up-2132.html or simply call Phillip Kim, Esq. toll-absolutely free at 866-767-3653 or electronic mail [email protected] or [email protected] for facts on the class motion. A class motion lawsuit has presently been filed. If you want to serve as guide plaintiff, you ought to move the Court no later than October 15, 2021. A guide plaintiff is a representative celebration acting on behalf of other course associates in directing the litigation.
WHY ROSEN Legislation: We really encourage traders to choose experienced counsel with a track report of results in management roles. Usually, firms issuing notices do not have similar expertise, sources or any meaningful peer recognition. Be intelligent in selecting counsel. The Rosen Regulation Agency represents buyers throughout the world, concentrating its practice in securities class steps and shareholder spinoff litigation. Rosen Law Organization has realized the major ever securities course action settlement against a Chinese Company. Rosen Law Agency was Rated No. 1 by ISS Securities Course Action Services for number of securities course action settlements in 2017. The business has been rated in the major 4 every yr considering that 2013 and has recovered hundreds of hundreds of thousands of bucks for investors. In 2019 by itself the organization secured over $438 million for buyers. In 2020, founding husband or wife Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Specifics OF THE Situation: In accordance to the lawsuit, defendants all through the Course Period of time produced untrue and/or deceptive statements and/or failed to disclose that: (1) ATI was suffering from attrition amongst its bodily therapists (2) ATI faced growing opposition for clinicians in the labor marketplace (3) as a consequence of the foregoing, ATI confronted challenges retaining therapists and incurred improved labor expenditures (4) as a end result of the labor shortage, ATI would open up fewer new clinics and (5) as a end result of the foregoing, defendants’ positive statements about ATI’s business enterprise, functions, and potential customers were being materially misleading and/or lacked a acceptable basis. When the true specifics entered the marketplace, the lawsuit claims that investors suffered damages.
To sign up for the ATI class action, go to http://www.rosenlegal.com/cases-sign-up-2132.html or phone Phillip Kim, Esq. toll-free at 866-767-3653 or e-mail [email protected] or situation[email protected] for information and facts on the course action.
No Course Has Been Accredited. Right until a class is qualified, you are not represented by counsel until you keep one. You may find counsel of your choice. You may possibly also continue to be an absent course member and do almost nothing at this position. An investor’s skill to share in any possible future restoration is not dependent upon serving as guide plaintiff.
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Get in touch with Data:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Company, P.A.
275 Madison Avenue, 40th Flooring
New York, NY 10016
Tel: (212) 686-1060
Toll Totally free: (866) 767-3653
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