Shareholders Foundation, Inc.

NASDAQ:ACHC Shareholder Notice: Lawsuit Alleges Misleading Statements by Acadia Healthcare Company Inc

A lawsuit was filed on behalf of investors in Acadia Healthcare Company Inc (NASDAQ:ACHC) shares over alleged securities laws violations.

 

San Diego, CA -- (SBWIRE) -- 03/26/2018 -- An investor in NASDAQ:ACHC shares filed a lawsuit against Acadia Healthcare Company Inc over alleged violations of Federal Securities Laws by Acadia Healthcare Company Inc.

Investors who purchased shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) have certain options and for certain investors are short and strict deadlines running. Deadline: May 14, 2018. NASDAQ:ACHC investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that between February 23, 2017 and October 24, 2017, Acadia, certain of its officers and directors and an underwriter of the Offering violated the Securities Exchange Act of 1934 and/or the Securities Act of 1933. The plaintiff alleges that between February 23, 2017 and October 24, 2017, the defendants made numerous materially false and misleading statements and omissions to investors regarding Acadia's business and operations, including by falsely stating that the quality of its U.K. operations gave the Company a "competitive strength," which would drive future growth and profitability, and by issuing false and misleading guidance regarding the Company's actual and projected 2017 revenue, earnings before interest, taxes, depreciation and amortization ("EBITDA") and earnings per share ("EPS").

Those who purchased shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com