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Levi & Korsinsky Announces Acadia Healthcare Class Action, ACHC Lawsuit

Levi & Korsinsky

October 9, 2018

NEW YORK, October 9, 2018 – Levi & Korsinsky announces a class action on behalf of shareholders who purchased securities of Acadia Healthcare Company, Inc. (“Acadia Healthcare”) (NASDAQGS: ACHC) between February 23, 2017 and October 24, 2017. The ACHC class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee. To get more information about the Acadia Healthcare class action go to: https://www.zlk.com/pslra-1/acadia-healthcare-company-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The ACHC lawsuit alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the quality of Acadia’s U.K. operations did not give the Company a “competitive strength” that would drive future growth and profitability; and (2) defendants had no reasonable basis to believe–and did not in fact believe–their positive statements about the Company’s business and financial prospects during the Class Period, including their guidance issued and reaffirmed throughout the Class Period.

If you suffered a loss in Acadia Healthcare you have until December 3, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com