Core Viewpoint - Rosen Law Firm is reminding investors who purchased Acadia Healthcare Company, Inc. securities between February 28, 2020, and October 18, 2024, about the December 16, 2024, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Acadia Healthcare securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is December 16, 2024 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time and has been ranked highly for its performance in securities class action settlements [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4]. Group 3: Case Allegations - The lawsuit alleges that Acadia Healthcare made materially false and misleading statements regarding its business practices, including holding vulnerable individuals against their will and subjecting patients to abuse [5]. - It is claimed that Acadia Healthcare deceived insurance providers into covering unnecessary stays in its facilities, leading to investor damages when the truth was revealed [5].
ROSEN, A LEADING LAW FIRM, Encourages Acadia Healthcare Company, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – ACHC