NEW ORLEANS, April 13, 2018 /PRNewswire/ -- ClaimsFiler,
a FREE shareholder information service, reminds investors that they
have until May 14, 2018 to file lead plaintiff applications in
a securities class action lawsuit against Acadia Healthcare
Company, Inc. (NasdaqGS: ACHC), if they purchased the Company's
securities between February 23, 2017
and October 24, 2017, inclusive (the
"Class Period"), including an August 22,
2017 public offering. This action is pending in
the United States District Court
for the Middle District of Tennessee.
Get Help
Acadia Healthcare investors should visit us at
https://www.claimsfiler.com/cases/view-acadia-healthcare-company-inc-securities-litigation
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Acadia Healthcare and certain of its executives are charged with
failing to disclose material information during the Class Period,
violating federal securities laws.
On October 24, 2017, the Company
disclosed negative financial results for 3Q2017 including a
reduction to its guidance for fiscal year 2017 and a significant
cut to EBITDA relating to its U.K. facilities purportedly driven by
"lower census and higher operating costs."
On this news, the price of Acadia's shares plummeted 26% to close at
$32.68 per share.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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