NEW ORLEANS, Nov. 2, 2018 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until December 3, 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"). 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 toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
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 3Q 2017 including revenue
and EPS reductions to 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. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler