Apr. 17 at 11:30 AM
$ATIP has agreed to settle
$24.9M with investors to resolve claims it hid labor issues and rising costs: https://11th.com/cases/ati-investor-settlement
FAQ for the settlement:
Do I need to sell or lose my shares to get this settlement?
No, you're eligible if you purchased during the class period.
How much money do I get per share?
The estimated payout is
$1.62 per share, but the final amount may be higher if fewer shareholders submit claims.
Who can claim this settlement?
Anyone who purchased or otherwise acquired
$ATIP common stock between February 22, 2021, and October 19, 2021, inclusive.
How long does the payout process take?
Depending on the court and settlement administrator, the process typically takes 8 to 12 months after the claim deadline.
To file a late claim: https://11th.com/cases/ati-investor-settlement