Acadia Healthcare Investors Encouraged to Contact Faruqi & Faruqi LLP Following Potential Securities Fraud Investigation

## Acadia Healthcare Investors Encouraged to Contact Faruqi & Faruqi LLP Following Potential Securities Fraud Investigation

Investors who experienced losses exceeding $100,000 in Acadia Healthcare between February 28, 2020, and October 18, 2024, are urged to contact Faruqi & Faruqi, LLP, a leading national securities law firm. The firm is currently investigating potential claims against Acadia Healthcare Company, Inc. (ACHC) for possible securities fraud.

The investigation stems from allegations that Acadia Healthcare, a major psychiatric hospital chain, misled investors about its business practices. Specifically, the investigation focuses on allegations that Acadia Healthcare:

*

Engaged in unethical patient retention practices:

The allegations suggest that the company may have held vulnerable patients against their will, even when it was not medically necessary. This practice could have violated patient rights and raised ethical concerns.
*

Subjected patients to abuse:

The investigation also involves allegations that patients were subjected to abuse while in Acadia Healthcare facilities. This disturbing claim has raised serious concerns about the company’s commitment to patient well-being.
*

Deceived insurance providers:

The investigation alleges that Acadia Healthcare deceived insurance providers into paying for patients’ stays in its facilities when it was not medically necessary. This deceptive practice could have resulted in financial losses for insurance providers and potentially contributed to inflated revenue for Acadia Healthcare.

These allegations, if proven true, could represent a significant breach of trust with investors and have potentially violated federal securities laws.

What Should Investors Do?

If you invested in Acadia Healthcare between February 28, 2020, and October 18, 2024, and believe you may have been affected by these alleged practices, Faruqi & Faruqi encourages you to contact the firm directly.

Contact Information:

You can reach Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss your legal options. You can also find more information on the firm’s website: www.faruqilaw.com/ACHC.

The Importance of Lead Plaintiff Status

The investigation is ongoing, and a federal securities class action lawsuit has been filed against Acadia Healthcare. The deadline to seek the role of lead plaintiff in this lawsuit is December 16, 2024. The lead plaintiff is the investor with the largest financial interest in the case and will direct and oversee the litigation on behalf of all class members.

Faruqi & Faruqi’s Expertise

Faruqi & Faruqi, LLP is a leading national securities law firm with a proven track record of representing investors in complex securities litigation. The firm has offices in New York, Pennsylvania, California, and Georgia and has recovered hundreds of millions of dollars for investors since its founding in 1995.

Stay Informed

For updates on this investigation, follow Faruqi & Faruqi on LinkedIn, X (formerly Twitter), or Facebook.