ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Ardent Health, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ARDT
Globenewswire·2026-01-14 00:19

Core Viewpoint - A class action lawsuit has been filed against Ardent Health, Inc. for alleged misrepresentations regarding its accounts receivable during the Class Period from July 18, 2024, to November 12, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Ardent Health made false statements about its accounts receivable management, including the reliance on "detailed reviews of historical collections" and the adequacy of its professional malpractice liability insurance [5]. - It is alleged that Ardent Health did not accurately assess the collectability of its accounts receivable, using a 180-day cliff method that inflated reported amounts and delayed loss recognition [5]. - The lawsuit indicates that when issues with claim denials arose, Ardent Health downplayed the situation and failed to write off uncollectible accounts, leading to investor damages when the truth was revealed [5]. Group 2: Class Action Participation - Investors who purchased Ardent Health securities during the Class Period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. - To participate in the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must be appointed by March 9, 2026, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years, including over $438 million in 2019 [4].