ATI Physical Therapy company logo

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atipt.com

Founded Year

1996

Stage

PIPE | IPO

Total Raised

$5.57M

About ATI Physical Therapy

ATI Physical Therapy is a provider of orthopedic rehabilitation services, specializing in physical therapy, work conditioning/hardening, hand therapy, aquatic therapy, sports medicine, and women's health. Headquartered in Bolingbrook, IL, the company operates more than 290 clinics in 10 states: Illinois, Indiana, Wisconsin, Michigan, Ohio, Maryland, Pennsylvania, Delaware, Georgia and Tennessee.

ATI Physical Therapy Headquarter Location

790 Remington Blvd

Bolingbrook, Illinois, 60440,

United States

855-205-4246

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Expert Collections containing ATI Physical Therapy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ATI Physical Therapy is included in 1 Expert Collection, including Women's Health & Wellness.

W

Women's Health & Wellness

1,459 items

Startups focused on providing products and services catering to women's health and wellbeing.

Latest ATI Physical Therapy News

ATI Physical Therapy INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II - ATIP

May 14, 2022

Share this article Share this article NEW ORLEANS, May 13, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into ATI Physical Therapy, Inc. (NYSE: ATIP ) (NYSE:  ATIP WS) f/k/a Fortress Value Acquisition Corp. II. On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public. On June 17, 2021, the Company announced that it had completed its Business Combination with Fortress. Then, on July 26, 2021, the Company reported its financial results for 2Q2021, the period in which the Business Combination was completed, disclosing that "the acceleration of attrition among [its] therapists in the second quarter and continuing into the third quarter, combined with the intensifying competition for clinicians in the labor market, prevented us from being able to meet the demand we have and increased our labor costs" and reduced its fiscal 2021 forecast due to the foregoing factors. Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information in violation of federal securities laws, which remains ongoing. KSF's investigation is focusing on whether ATI's officers and/or directors breached their fiduciary duties to the Company's shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of ATI Physical Therapy shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ( [email protected] ), or visit https://www.ksfcounsel.com/cases/nyse-atip/ to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey. To learn more about KSF, you may visit www.ksfcounsel.com . Contact:

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ATI Physical Therapy Rank

  • When was ATI Physical Therapy founded?

    ATI Physical Therapy was founded in 1996.

  • Where is ATI Physical Therapy's headquarters?

    ATI Physical Therapy's headquarters is located at 790 Remington Blvd, Bolingbrook.

  • What is ATI Physical Therapy's latest funding round?

    ATI Physical Therapy's latest funding round is PIPE.

  • How much did ATI Physical Therapy raise?

    ATI Physical Therapy raised a total of $5.57M.

  • Who are the investors of ATI Physical Therapy?

    Investors of ATI Physical Therapy include Monashee Investment Management, Fortress Value Acquisition II, Allspring Global Investments, Weiss Asset Management, Advent International and 7 more.

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