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ACHC Deadline: ACHC Investors with Losses in Excess of $100K Have Opportunity to Lead Acadia Healthcare Company, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm
ACHCAcadia Healthcare(ACHC) Prnewswire·2024-12-14 00:07

Core Viewpoint - Rosen Law Firm is reminding purchasers of Acadia Healthcare Company, Inc. securities of the upcoming lead plaintiff deadline in a securities class action lawsuit, emphasizing the potential for compensation without out-of-pocket costs for eligible investors [1][2]. Group 1: Class Action Details - The class action pertains to securities purchased between February 28, 2020, and October 18, 2024, with a lead plaintiff deadline set for December 16, 2024 [1]. - Investors who purchased Acadia Healthcare securities during the specified period may be entitled to compensation through a contingency fee arrangement [2]. - To participate in the class action, investors can submit their information via the provided link or contact the firm directly [3][6]. Group 2: Allegations Against Acadia Healthcare - The lawsuit alleges that Acadia Healthcare made materially false and misleading statements regarding its business practices, including holding vulnerable individuals against their will and subjecting patients to abuse [5]. - It is claimed that Acadia Healthcare deceived insurance providers into covering unnecessary stays in its facilities, leading to significant misrepresentation of its business operations and prospects [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4].