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New York, New York– (Newsfile Corp. – December 14, 2024) – WHY: Rosen Law Firm, a global financial law firm, reminds consumers of the protection of Acadia Healthcare (NASDAQ:) Company, Inc. (NASDAQ: ACHC) between February 28, 2020 and October 18, 2024, both dates inclusive (“Class Period”), the requirements December 16, 2024 deadline for objections in a Securities class Action first filed by the Firm.
THEN: If you purchased Acadia Healthcare securities during the Class Period you may be able to receive compensation without having to pay any out-of-pocket costs or costs through a fee arrangement.
WHAT TO DO NEXT: To join the Acadia Healthcare class, visit https://rosenlegal.com/submit-form/?case_id=28482 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com to learn more about the class action. A class action lawsuit has already been filed. If you want to be a defendant, you must move the Court before December 16, 2024. The chief litigant is the party standing on behalf of the other members to lead the proceedings.
WHY ROSEN’S LAW: We encourage investors to appoint qualified advisors with a proven track record in leadership roles. In many cases, companies that provide information do not have the same knowledge, resources, or recognition as their peers. Many of these businesses do not challenge the actions of the defense team, but are simply middlemen who refer clients or cooperate with law firms that prosecute cases. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice in the areas of securities and shareholder litigation. The Rosen Law Firm obtained the largest securities settlement against a Chinese Company at that time. Rosen Law Firm was ranked #1 by ISS Securities Class Activities (WA:) Services for the number of securities of the security group in 2017. This company has been ranked in the top 4 every year since 2013 and has raised millions of dollars for investors. In 2019 alone, the company raised over $438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the defendants throughout the Group’s tenure made false and/or misleading statements and/or failed to disclose that: (1) Acadia Healthcare’s business model is based on keeping vulnerable people from seeking replacements, including in the lawsuits filed; . it was not medically necessary to do so; (2) while at Acadia Healthcare facilities, many patients were abused; (3) Acadia Healthcare deceived insurers into paying patients to stay at its facilities when it was not medically necessary; and (4) because, the statements of criticism ‘about its products, services, and prospects were false assets and misleading and / or did not always have a proper basis. When the facts hit the market, the lawsuit alleges that investors suffered losses.
To join the Acadia Healthcare class, visit https://rosenlegal.com/submit-form/?case_id=28482 call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com to learn more about the class action.
No Class Guaranteed. Until the class is approved, you are not represented by counsel unless you retain. You can choose the advice you want. You can remain a member of the class and do nothing at this point. The investor’s ability to share in any future returns does not depend on being a creditor.
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To view the press release, please visit https://www.newsfilecorp.com/release/233824
