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Investigation announced for Long-Term Investors in Acadia Healthcare Company Inc (NASDAQ: ACHC)

02-18-2020 06:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Acadia Healthcare Company Inc (NASDAQ: ACHC) shares over potential wrongdoing.

An investigation on behalf of investors in Acadia Healthcare Company Inc (NASDAQ: ACHC) shares over potential wrongdoing.

An investigation was announced for investors in shares of Acadia Healthcare Company Inc (NASDAQ: ACHC) concerning potential breaches of fiduciary duties by certain directors at Acadia Healthcare Company Inc.

Investors who purchased shares of Acadia Healthcare Company Inc (NASDAQ: ACHC) and currently hold any of those NASDAQ: ACHC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Acadia Healthcare Company Inc (NASDAQ: ACHC officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
On October 2, 2018 a lawsuit was filed against Acadia Healthcare Company Inc over alleged securities laws violations. The plaintiff alleges that Acadia Healthcare Company Inc represented in its public filings and press releases that it was "the leading independent provider of mental health services in the U.K" and that "[f]avorable industry and legislative trends" gave the Company a "competitive strength," which would drive future growth and profitability. The plaintiff also claims that Acadia Healthcare Company Inc misrepresented the extent of 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.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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