Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ardent Health, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on March 9, 2026, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - Investors who bought Ardent Health securities between July 18, 2024, and November 12, 2025, may be eligible for compensation through a class action lawsuit [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5]. - The deadline to move the Court to serve as lead plaintiff is March 9, 2026, which is crucial for those wishing to represent other class members [2]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in terms of settlements [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing their capability in recovering funds for clients [3]. Group 3: Case Allegations - The lawsuit alleges that Ardent Health made misrepresentations regarding its accounts receivable and the processes used to determine their collectability [4]. - Defendants claimed to employ an active monitoring process for accounts receivable, which was later revealed to be inaccurate, as they did not primarily rely on detailed reviews [4]. - The firm also misrepresented its professional malpractice liability insurance coverage, which was insufficient to cover claims, particularly in the New Mexico market [4].
ARDT IMPORTANT DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Ardent Health, Inc. Investors to Secure Counsel Before Important March 9 Deadline in Securities Class Action - ARDT