{"id":517842,"date":"2021-07-26T19:55:02","date_gmt":"2021-07-26T23:55:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-ati-physical-therapy-inc\/"},"modified":"2021-07-26T19:55:02","modified_gmt":"2021-07-26T23:55:02","slug":"lost-money-in-ati-physical-therapy-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-ati-physical-therapy-inc\/","title":{"rendered":"Lost Money in ATI Physical Therapy, Inc.?"},"content":{"rendered":"

<\/p>\n

Lost Money in ATI Physical Therapy, Inc.?<\/b><\/p>\n

Gibbs Law Group Investigates Potential Securities Law Violations<\/b><\/p>\n

OAKLAND, Calif.–(BUSINESS WIRE<\/a>)–
\nATI Physical Therapy, Inc. shares plunged over 41% in intraday trading on Monday, July 26, 2021 after announcing it was lowering its 2021 guidance. The Illinois-based company further warned investors it may have to record an impairment charge in Q3 that could be material. ATI had just recently gone public via a SPAC merger with Fortress Value Acquisition Corp. II in a deal that closed June 16, 2021. Gibbs Law Group is investigating a potential ATI Physical Therapy Class Action Lawsuit<\/a> on behalf of investors who lost money in ATI Physical Therapy, Inc. (NYSE: ATIP).\n<\/p>\n

To speak with an attorney regarding this class action lawsuit investigation, click here<\/a><\/span> or <\/b>call (888) 410-2925.<\/b><\/p>\n

\nOn Monday July 26, 2021, ATI Physical Therapy released its Q2 results and also revised its 2021 forecast downwards. Further, ATI warned investors that this forecast revision constitutes an \u201cinterim triggering event,\u201d meaning it must analyze its potential impairment to \u201cgoodwill and tradename intangible assets.\u201d When ATI finishes this analysis, it says it may ultimately record a material impairment charge.\n<\/p>\n

\nATI Physical had just recently finished its merger with Fortress Value Acquisition Corp. II on June 16, 2021. When the proposed merger was first announced on February 22, 2021, Reuters<\/i> reported the deal would value the combined company at $2.5 billion.\n<\/p>\n

\nFollowing news of its lowered 2021 guidance, ATI Physical Therapy\u2019s stock price plummeted nearly 41% in intraday trading on July 26, 2021, causing significant harm to investors.\n<\/p>\n

What Should ATI Physical Therapy Investors Do?<\/b><\/p>\n

\nIf you invested in ATI Physical Therapy, visit our website<\/a> or contact our securities team directly at (888) 410-2925 <\/b>to discuss how you may be able to recover your losses. Our investigation concerns whether ATI has violated federal securities laws by providing false or misleading statements to investors.\n<\/p>\n

About Gibbs Law Group<\/b><\/p>\n

\nGibbs Law Group represents investors throughout the country in securities litigation<\/a> to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world\u2019s largest corporations, and our attorneys have received numerous honors for their work, including \u201cBest Lawyers in America,\u201d \u201cTop Plaintiff Lawyers in California,\u201d \u201cCalifornia Lawyer Attorney of the Year,\u201d \u201cClass Action Practice Group of the Year,\u201d \u201cConsumer Protection MVP,\u201d and \u201cTop Women Lawyers in California.\u201d\n<\/p>\n

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules. <\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210726005831\/en\/<\/a><\/span><\/p>\n

\nEILEEN EPSTEIN
\n
PHONE: 510.350.9728
\n
EMAIL: EJE@CLASSLAWGROUP.COM<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Lost Money in ATI Physical Therapy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– ATI Physical Therapy, Inc. shares plunged over 41% in intraday trading on Monday, July 26, 2021 after announcing it was lowering its 2021 guidance. The Illinois-based company further warned investors it may have to record an impairment charge in Q3 that could be material. ATI had just recently gone public via a SPAC merger with Fortress Value Acquisition Corp. II in a deal that closed June 16, 2021. Gibbs Law Group is investigating a potential ATI Physical Therapy Class Action Lawsuit on behalf of investors who lost money in ATI Physical Therapy, Inc. (NYSE: ATIP). To speak with an attorney regarding this … <\/p>\n

Continue reading “Lost Money in ATI Physical Therapy, Inc.?”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-517842","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLost Money in ATI Physical Therapy, Inc.? - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-in-ati-physical-therapy-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lost Money in ATI Physical Therapy, Inc.? - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Lost Money in ATI Physical Therapy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations OAKLAND, Calif.–(BUSINESS WIRE)– ATI Physical Therapy, Inc. shares plunged over 41% in intraday trading on Monday, July 26, 2021 after announcing it was lowering its 2021 guidance. The Illinois-based company further warned investors it may have to record an impairment charge in Q3 that could be material. ATI had just recently gone public via a SPAC merger with Fortress Value Acquisition Corp. II in a deal that closed June 16, 2021. Gibbs Law Group is investigating a potential ATI Physical Therapy Class Action Lawsuit on behalf of investors who lost money in ATI Physical Therapy, Inc. (NYSE: ATIP). 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