Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
Fortress Value Acquisition Corp. II ( FAII or the Company ) (
) relating to its proposed merger with ATI Physical Therapy. Under the terms of the agreement, FAII will acquire ATI through a reverse merger, with ATI emerging as a publicly traded company.
The investigation focuses on whether Fortress Value Acquisition Corp. II and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Fortress Value Acquisition Corp II prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
February 24, 2021 05:15 AM
Illinois bill would make telehealth payment parity permanent • Community First nurses demand safety protections following federal investigation • Medical college nears accreditation
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TELEHEALTH COVERAGE BILL INTRODUCED: Lawmakers, providers and insurers are looking at the future of telehealth in a post-pandemic world and how the rapidly growing service will be covered by insurance.
State Rep. Deb Conroy (D-Elmhurst) has introduced Illinois HB 3498, which would require insurers to cover telehealth services at the same rate as in-person care after the COVID-19 pandemic. The bill also prohibits geographic or facility restrictions on telehealth services and allows patients to be treated via telehealth in their home. Similar legislation introduced in May died in committee.
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BOLINGBROOK, Ill. and NEW YORK, Feb. 22, 2021 /PRNewswire/ Fortress Value Acquisition Corp. II ( FVAC II ) (NYSE: FAII), a special purpose acquisition company, and ATI Physical Therapy ( ATI or the Company ), a portfolio company of Advent International ( Advent ) and the largest single-branded outpatient physical therapy provider in the United States, announced today that they have entered into a definitive merger agreement. Upon closing of the transaction, the combined company will operate as ATI Physical Therapy, Inc. and remain NYSE-listed under a new ticker symbol. The transaction is expected to close in the second quarter of this year, subject to approval by FVAC II s stockholders and other customary closing conditions.