NEW YORK, Nov. 24, 2024 (GLOBE NEWSWIRE) —
Reason: The Rosen Law Firm, a global investor rights law firm, is a member of Acadia Healthcare Company, Inc. (NASDAQ : ATTENTION TO BUYERS OF ACHC) SECURITIES. by December 16, 2024, the key plaintiff deadline in the securities class action lawsuit originally filed by the Company.
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 to you 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 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 16, 2024. Lead plaintiff is a representative party who directs the litigation on behalf of other class members.
Why Rosen Law: We encourage investors to select talented attorneys with a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or meaningful peer evaluations. Many of these firms do not actually litigate securities class actions; they are simply intermediaries who refer clients or work with law firms that actually litigate cases. Be wise when choosing a lawyer. The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest securities class action settlement at the time against a Chinese company. Rosen Law Firm was ranked #1 in 2017 by ISS Securities Class Action Services for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars from investors. In 2019 alone, the company secured over $438 million from investors. In 2020, founding partner Lawrence Rosen was named a Titan of Plaintiffs' Lawyers by Law360. Many of our attorneys have been recognized by Lawdragon and Super Lawyers.
Case Details: According to the lawsuit, throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Acadia Healthcare's business; The model centered on institutionalizing vulnerable people against their will. This includes cases where there is no medical need to do so. (2) Many patients suffered abuse while at Acadia Medical Facility. (3) Acadia Healthcare deceived insurance companies into paying for patient stays at its facilities that were 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 entered 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 and call Phillip Kim. Toll-free 866-767-3653 or email case@rosenlegal.com for information on the class action.
There are no certified classes. Until a class is certified, you are not represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain absent and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent on whether he or she serves as lead plaintiff.
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contact address:
Lawrence Rosen, Esq.
Mr. Philip Kim, Esq.
Pennsylvania Rosen Law Firm
275 Madison Avenue, 40th floor
New York, NY 10016
Phone number: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com
