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ATIP.US
id: 1115
ATI Physical Therapy Investor Settlement
The settlement funds have been distributed to claimants.
$24,900,000
Cash SettlementN.D. Illinois
Court1:21-cv-04349
Case number02/22/2021
Class period Start10/19/2021
Class period End10/18/2024
Claim deadlineATI Physical Therapy (ATIP) agreed in principle to settle with investors to end claims over hiding difficulties retaining therapists and incurred increased labor costs.
Case Type
US Securities Class Action
Case Status
Disbursed
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
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