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ATIP.US
id: 1115

ATI Physical Therapy Investor Settlement

Late claims are being considered for compensation, subject to approval.
N.D. Illinois
Court
1:21-cv-04349
Case number
02/22/2021
Class period Start
10/19/2021
Class period End
10/18/2024
Claim deadline
ATI Physical Therapy (ATIP) agreed in principle to settle with investors to end claims over hiding difficulties retaining therapists and incurred increased labor costs.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.62
Filing date
06/16/2021
Lead Plaintiff Deadline
10/15/2021
Plaintiffs
The Phoenix Insurance Company Ltd
Attorneys
Bernstein Litowitz Berger & Grossmann LLP (Chicago, IL), Klausner, Kaufman, Jensen & Levinson (Plantation, FL), Pomerantz LLP (New York, NY)
Defendants
Labeed Diab, Joseph Jordan, Andrew A. McKnight, Joshua A. Pack, Marc Furstein, Leslee Cowen, Aaron F. Hood, Carmen A. Policy, Rakefet Russak-Aminoach, Sunil Gulati
Judge
Hon. Edmond E. Chang
Administrator
Strategic Claims Services
Court hearing date
09/24/2024
Exclusion deadline
09/03/2024
Objection deadline
09/03/2024
Hearing deadline
09/03/2024
Trades matching type
FIFO
+$24,900,000
Cash Settlement Amount

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