NEW ORLEANS–(BUSINESS WIRE)–$ACHC #ACHC–ClaimsFiler, a FREE shareholder information service, reminds investors
that they have until December 3, 2018 to file lead plaintiff
applications in a securities class action lawsuit against Acadia
Healthcare Company, Inc. (NasdaqGS: ACHC), if they purchased the
Company’s securities between February 23, 2017 and October 24, 2017,
inclusive (the “Class Period”). This action is pending in the United
States District Court for the Middle District of Tennessee.
Acadia Healthcare investors should visit us at https://www.claimsfiler.com/cases/view-acadia-healthcare-company-inc-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are
available to discuss your legal options.
About the Lawsuit
Acadia Healthcare and certain of its executives are charged with failing
to disclose material information during the Class Period, violating
federal securities laws.
On October 24, 2017, the Company disclosed negative financial results
for 3Q 2017 including revenue and EPS reductions to guidance for fiscal
year 2017 and a significant cut to EBITDA relating to its U.K.
facilities purportedly driven by “lower census and higher operating
On this news, the price of Acadia’s shares plummeted 26% to close at
$32.68 per share.
ClaimsFiler has a single mission: to serve as the information source to
help retail investors recover their share of billions of dollars from
securities class action settlements. At ClaimsFiler.com, investors can:
(1) register for free to gain access to information and settlement
websites for various securities class action cases so they can timely
submit their own claims; (2) upload their portfolio transactional data
to be notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick & Foti,
LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
Jerry Gallo, 844-367-9658