Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ardent Health, Inc. securities between July 18, 2024, and November 12, 2025, of the March 9, 2026, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Ardent Health securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by March 9, 2026, to serve as lead plaintiff [2] - The lawsuit claims that Ardent Health made misrepresentations regarding its accounts receivable and did not maintain sufficient professional malpractice liability insurance [4] Group 2: Misrepresentation Claims - Defendants allegedly misrepresented the process for determining the collectability of accounts receivable, claiming to use detailed reviews of historical collections, which was not the case [4] - The lawsuit indicates that Ardent Health's accounts receivable framework allowed for inflated reporting of accounts receivable and delayed recognition of losses on uncollectible accounts [4] - The firm did not maintain adequate professional malpractice liability insurance to cover claims arising from its operations, contrary to public statements [4] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [3] - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing clients [3]
ARDT DEADLINE NOTICE: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Ardent Health, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - ARDT