Reginbald v. Fortress Acquisition Sponsor II LLC et al

Track this case

Case Number:

1:22-cv-05111

Court:

Illinois Northern

Nature of Suit:

160(Contract: Stockholders Suits)

Multi Party Litigation:

Derivative Litigation

Judge:

Honorable Edmond E. Chang

Firms

Companies

Sectors & Industries:

  1. April 26, 2024

    Therapy Co. SPAC Investors To Settle Del., Ill. Merger Suits

    An attorney for a blank-check company that took ATI Physical Therapy Inc. public told Delaware's Court of Chancery it has agreed to settle two proposed stockholder class actions in conjunction with pending federal class and derivative suits in the Northern District of Illinois.

  2. September 22, 2022

    Fortress-Linked SPAC Sued Over 'Flawed' Therapy Co. Merger

    A blank-check company formed by Fortress Investment Group LLC has been hit with a shareholder derivative suit in Illinois federal court alleging that it and former executives and directors of a physical therapy company it merged with breached their fiduciary duty to investors by pushing through a "flawed and unfair" deal for personal profit.

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