TRADING ALERT: Rosen Law Firm Reminds AAC Holdings, Inc. Investors of Important Deadline in Class Action
September 11 2015 - 4:29PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of AAC Holdings, Inc. securities (NYSE:AAC) from October
2, 2014 through August 3, 2015 of the important October 23, 2015
lead plaintiff deadline in the class action. The lawsuit seeks to
recover investors’ losses under the federal securities laws.
According to the lawsuit, Defendants made false and misleading
statements and failed to disclose material information, including
with respect to legal proceedings brought against subsidiaries of
AAC Holdings and one present and several previous employees,
including its President at the time, Jerrod N. Menz. On August 3,
2015, AAC Holdings disclosed that second degree murder and
dependent adult abuse indictments had been brought in California
against certain of the Company's subsidiaries and employees,
including the Company's former President and Director, Jerrod Menz.
Consequently, AAC’s share price fell significantly which damaged
investors. The decrease in the days after the disclosure of the
indictments equaled approximately $153 million in market
capitalization losses, or 39%, of AAC’s value.
If you wish to serve as lead plaintiff, you must move the Court
no later than October 23, 2015. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation go to
the firm’s website at http://www.rosenlegal.com/cases-532.html or
to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll-free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150911005874/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
Ares Acquisition (NYSE:AAC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ares Acquisition (NYSE:AAC)
Historical Stock Chart
From Jul 2023 to Jul 2024