RADNOR, Pa., Nov. 30, 2024 (Globe Newswire) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) announces that a securities class action lawsuit has been filed in U.S. District Court. I notified the house. A court in the Middle District of Tennessee against Acadia Healthcare Company, Inc. (“Acadia Healthcare”) (NASDAQ: ACHC) on behalf of investors in the purchase or otherwise, from February 28, 2020 to 2024 Acadia Healthcare Securities during the period ending October 18 (the “Class Period”). The lead plaintiff deadline is December 16, 2024.
Contact Kessler Topaz Meltzer & Check LLP:
If you suffered a loss with Acadia Healthcare, click here or https://www.ktmc.com/new-cases/acadia-healthcare-company-inc?utm_campaign=mei&mktm=r&utm_source=PR&utm_medium=link&utm_campaign=achc&mktm= Please visit r.
You may also contact attorney Jonathan Naji. Call (484) 270-1453 or email info@ktmc.com.
Defendant's alleged misconduct:
The complaint alleges that throughout the class period, defendants made materially false and/or misleading statements and/or failed to disclose that: There was 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.
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Lead plaintiff process:
Investors in Acadia Healthcare may seek to be appointed as lead class plaintiff representative through Kessler Topaz Meltzer & Check, LLP or other counsel no later than December 16, 2024. Alternatively, you can choose to do nothing and remain an absent group member. A lead plaintiff is a representative party acting on behalf of the entire class in directing a class action. The lead plaintiff is usually the investor or minority group of investors with the greatest economic interest and who are typical and relevant of the proposed investor class. The lead plaintiff will select attorneys to represent the lead plaintiff and the class, and if approved by the court, those attorneys will become lead or class counsel. Your ability to participate in the recovery is not affected by your decision to become a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages investors in Acadia Healthcare who have suffered significant losses to contact the company directly for further information.
About Kessler Topaz Meltzer & Check LLP:
Kessler Topaz Meltzer & Check, LLP litigates class actions in state and federal courts across the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: protecting investors, consumers, employees and others from fraud, abuse, fraud and negligence by companies and fiduciaries. The complaints in this action were not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
contact:
Kessler Topaz Meltzer & Check LLP
Mr. Jonathan Nagy, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, Pennsylvania 19087
info@ktmc.com
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