Therapy Co. SPAC Investors Fight Del. Stock-Drop Suit Toss

By Jeff Montgomery (December 1, 2023, 7:56 PM EST) -- An attorney for a blank-check company that took ATI Physical Therapy Inc. public in a deal valued at $2.5 billion in 2021 told a Delaware chancellor Friday that a shareholder lawsuit seeking damages for the venture's immediate nose-dive in stock price failed to acknowledge the deal architects' shared stake....

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