Acadia Healthcare Company, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. December 16, 2024 Deadline to file Lead Plaintiff Motion

Core Viewpoint - Acadia Healthcare Company, Inc. is facing a class action lawsuit due to allegations of unlawful patient detainment and misleading practices that have negatively impacted investors [1][3][4]. Legal Action - A class action lawsuit has been filed for investors who purchased Acadia Healthcare securities between February 28, 2020, and September 26, 2024, with a deadline of December 16, 2024, for filing a lead plaintiff motion [1][2]. - The lawsuit aims to recover damages for investors affected by the company's alleged wrongful practices [2]. Allegations Against Acadia Healthcare - Acadia Healthcare is accused of unlawfully detaining patients for profit rather than for necessary treatment, with executives allegedly misleading investors about the company's operations and financial health [3]. - A recent investigation by The New York Times highlighted numerous allegations of patient mistreatment and illegal detentions at Acadia's facilities [4]. Stock Price Impact - Following the New York Times report on September 1, 2024, Acadia's stock price fell by 4.5%, and a subsequent announcement of a federal investigation on September 27, 2024, caused a further decline of 16.36% [4]. - On October 18, 2024, news of an investigation by the Veterans Affairs Department regarding improper billing led to an additional drop of over 12% in Acadia's stock price [5].