FAII - 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 | Benzinga
NEW ORLEANS, Sept. 19, 2023 (GLOBE NEWSWIRE) -- 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, ATIP WS)) f/k/a Fortress Value Acquisition Corp. II. (NYSE:FAII, FAII WS)).
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 ...