New York, New York–(Newsfile Corp. – December 15, 2024)- BECAUSE: Rosen Law Firm, a global investor rights law firm, reminds securities buyers of Acadia Health (NASDAQ:) Company, Inc. (NASDAQ: ACHC) between February 28, 2020 and October 18, 2024, both dates inclusive (the “Class Period”), of the significant December 16, 2024 Lead Plaintiff Deadline in the securities class action lawsuit first filed by the Firm.
SO WHAT: If you purchased Acadia Healthcare securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Acadia Healthcare class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=28482 or call Phillip Kim, Esq. Toll-free at 866-767-3653 or email case@rosenlegal.com for information about the class action lawsuit. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must file with the Court no later than December 16, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSENADA LAW: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Often, companies issuing notices do not have comparable experience, resources or any significant recognition from their peers. Many of these firms do not actually litigate securities class actions, but are simply intermediaries who refer clients or partner with law firms that actually litigate cases. Be cautious when selecting an attorney. Rosen Law Firm represents investors throughout the world and concentrates its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest securities class action settlement against a Chinese company at that time. Rosen Law Firm Ranked No. 1 by ISS Securities Class Action (WA:) Services for several securities class action settlements in 2017. The company has ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company earned more than $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs’ College. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the complaint, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Acadia Healthcare’s business model focused on holding vulnerable individuals against their will in its facilities, even in cases where it was not medically necessary to do so; (2) while in Acadia Healthcare facilities, many patients were subjected to abuse; (3) Acadia Healthcare deceived insurance providers into paying patients to remain in its facilities when it was not medically necessary; and (4) as a result, defendants’ statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details hit the market, the lawsuit claims investors suffered damages.
To join the Acadia Healthcare class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=28482 or call Phillip Kim, Esq. Toll-free at 866-767-3653 or email case @rosenlegal.com for information about the class action lawsuit.
No classes have been certified. Until a class is certified, you will not be represented by an attorney unless you hire one. You can select the lawyer of your choice. You can also remain an absent party member and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233825