Lifshitz Law Firm, PC Announces Investigations into ATI Physical Therapy, Inc. (NYSE: ATIP), … | Nation / World


NEW YORK, December 23, 2021 (GLOBE NEWSWIRE) –

ATI Physical Therapy, Inc. (NYSE: ATIP)

Law firm Lifshitz, CP announces that a class action lawsuit has been filed on behalf of ATI shareholders, alleging that the defendants failed to disclose to investors: (1) that ATI was experiencing attrition among its physiotherapists; (2) that ATI faced increasing competition for clinicians in the workforce; (3) that due to the above, the Company has had difficulty retaining therapists and incurred increased labor costs; (4) that due to the labor shortage, the Company would open fewer new clinics; and (5) that as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were substantially misleading and / or lacked reasonable basis.

If you are an ATI investor and would like additional information about our survey, please complete the form Information request form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at [email protected].

CarLotz, Inc. (NASDAQGM: LOTZ)

Law firm Lifshitz, CP announces that a class action lawsuit has been filed against CarLotz alleging that the defendants made false representations regarding the following: (1) that due to an increase in inventory during the second half of the fiscal year 2020, CarLotz was experiencing a “traffic jam” resulting in slower processing and higher days to sell; (2) that as a consequence, the gross profit per unit of the Company would be adversely affected; (3) that in order to minimize returns to the corporate vehicle supply partner responsible for more than 60% of CarLotz’s inventory, the Company was offering aggressive pricing; (4) that, as a result, CarLotz’s expected gross profit per unit was likely inflated; (5) that this company’s corporate vehicle supply partner would likely suspend shipments to the company due to market conditions, including increased wholesale prices; and (6) as a result, the Defendants’ statements regarding its business, operations and prospects were materially false and misleading and / or lacked reasonable basis at all relevant times.

If you are a CarLotz investor and would like additional information about our survey, please complete the form Information request form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at [email protected].

DraftKings Inc. (NASDAQGS: DKNG)

Law firm Lifshitz, CP announces that a class action lawsuit has been filed on behalf of the shareholders of DraftKings alleging that the Defendants made false and / or misleading statements and / or failed to disclose that: (i) SBTech had a history of illegal operations; (ii) as a result, the merger of DraftKings with SBTech exposed the Company to black market gaming transactions; (iii) the foregoing increased the Company’s regulatory and criminal risks relating to these transactions; (iv) due to all of the above, the Company’s income was, in part, derived from illegal behavior and therefore unsustainable; (v) as a result, the benefits of the business combination have been overstated; and (vi) accordingly, the Company’s public statements were materially false and misleading at all material times.

If you are a DraftKings investor and would like additional information about our survey, please complete the Information request form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at [email protected].

Renovacare, Inc. (OTC-BB: RCAR)

Law firm Lifshitz, CP announces that a class action lawsuit has been filed against RenovaCare alleging that the Defendants failed to disclose to investors: (1) that RenovaCare has engaged in a promotional campaign to publish misleading statements in order to artificially inflate the share price of the society ; (2) that, when the OTC markets became aware, RenovaCare issued a substantially false and misleading press release claiming that no director, officer or majority shareholder was involved in the promotional material of the alleged third party; (3) that as a result of the foregoing, the Company’s disclosure controls and procedures were defective; and (4) as a result, the Defendants’ statements regarding its business, operations and prospects were materially false and misleading and / or lacked reasonable basis at all relevant times.

If you are a RenovaCare investor and would like additional information about our survey, please complete the Information request form or contact Joshua Lifshitz, Esq. by phone at (516)493-9780 or by email at [email protected].

LAWYER ADVERTISING. © 2021 Lifshitz Law Firm, PC The law firm responsible for this announcement is Lifshitz Law Firm, PC, 1190 Broadway, Hewlett, New York 11557, Tel. : (516) 493-9780. Past results do not guarantee or predict a similar result with respect to any future matters.

Contact:

Joshua M. Lifshitz, Esq.

Law firm Lifshitz, CP

Telephone: 516-493-9780

Fax: 516-280-7376

E-mail: [email protected]

Copyright 2021 GlobeNewswire, Inc.


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