Pomerantz Appointed Lead Counsel in ATI Physical Therapy Securities Litigation

On November 18, 2021, U.S. District Judge Edmond E. Chang of the Northern District of Illinois appointed Pomerantz LLP as Lead Counsel on behalf of Phoenix Insurance Company Ltd. and The Phoenix Pension & Provident Funds, Lead Plaintiffs in Burbige v. ATI Physical Therapy, Inc., 21-cv-4349 (N.D. Ill.), a securities action brought on behalf of a class of defrauded investors concerning allegations that ATI Physical Therapy, Inc. had made false and misleading statements regarding its business operations and financial performance. ATI is an outpatient physical therapy company.