DEADLINE APPROACHING: Berger Montague Advises Acadia Healthcare (NASDAQ: ACHC) Investors to Inquire About a Securities Fraud Class Action by December 16, 2024

Core Viewpoint - A lawsuit has been filed against Acadia Healthcare Company, Inc. for alleged misconduct during the Class Period from February 28, 2020, to October 18, 2024, impacting investors who purchased its securities [1][3]. Company Overview - Acadia Healthcare Company, Inc. is headquartered in Franklin, Tennessee, and provides behavioral healthcare services, including acute inpatient psychiatric facilities, residential recovery facilities, and comprehensive treatment centers [3]. Legal Issues - The lawsuit follows a New York Times article alleging that Acadia engaged in practices that unlawfully detained patients, leading to a significant drop in stock price by 4.5% on September 3, 2024 [4]. - On September 27, 2024, Acadia disclosed receiving requests for information from the U.S. Attorney's Office and a grand jury subpoena regarding its patient admissions and billing practices, resulting in a further decline of over 16% in stock price [5][6]. - An investigation by the Veterans Affairs Department into potential fraud against U.S. health insurance programs was reported on October 18, 2024, causing shares to fall by 12% [6][7].