Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against Agiliti, Inc.

NEW YORK, NY – September 13, 2023 – Wolf Haldenstein Adler Freeman & Herz LLP  (“Wolf  Haldenstein”), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Agiliti, Inc. (NYSE: AGTI) (“Agiliti” or the “Company”) for violations of federal securities laws.

All investors who purchased shares and incurred losses are  advised  to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. 

Wolf Haldenstein is investigating whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Agiliti is an essential service provider to the U.S. healthcare industry with solutions that help support a more efficient, safe and sustainable healthcare delivery system. Agiliti serves more than 10,000 national, regional and local acute care and alternate site providers across the U.S. For more than eight decades, Agiliti has delivered medical equipment management and service solutions that help healthcare providers reduce costs, increase operating efficiencies and support optimal patient outcomes. The healthcare company has seen its shares drop by more than 54% so far this year.

On August 8, 2023 Agiliti announced its second quarter results, reporting revenue of $291 million, up 6.2% year over year, but a net loss of $4 million compared to net income of $5 million in the same period a year ago. The company said it lost $0.04 in earnings per share (EPS) compared to positive EPS of $0.03 in the second quarter of 2022. The company had several acquisitions in the fourth quarter of 2022, but it now has more long-term debt and is paying higher interest on its loans.

On this news, the share price dropped 27.96% from $17.03 to $12.27

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com.


 Wolf Haldenstein Adler Freeman & Herz LLP

Patrick Donovan, Esq.

Gregory Stone, Director of Case and Financial Analysis

Email: gstone@whafh.com or classmember@whafh.com

Tel: (800) 575-0735 or (212) 545-4774

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