{"id":820532,"date":"2025-03-03T08:42:27","date_gmt":"2025-03-03T13:42:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/"},"modified":"2025-03-03T08:42:27","modified_gmt":"2025-03-03T13:42:27","slug":"shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">PHILADELPHIA, March  03, 2025  (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) (\u201cAcadia\u201d) on behalf of the company\u2019s long-term shareholders.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <em>Click here for additional information: <\/em><br \/>\n        <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wOq-Wz4nzznOWYgOaYnhMgPaFTBMirwDiTE9Ws8A4zAHcZdlIqEsbcsxx0unio9OaplBnPbNKjOp9tsqKO465AX2G0KkCcYwgsUepD0g7dWti2_GoHO_W0_XlRz2vNj3DsCAFLZI8ZW16LcsKF0vMwLkxqPewwJyAG4p4Tx4kWM=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <em>https:\/\/kaskelalaw.com\/case\/acadia-healthcare\/<\/em><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"left\">Recently a securities fraud complaint was filed against Acadia on behalf of certain investors who purchased shares of the company\u2019s stock between February 8, 2020 and October 30, 2024. According to the complaint, during that time period \u201cAcadia admitted and held patients against their will in its facilities, and kept patients beyond the length of time that was medically necessary\u2014an undisclosed scheme to deceive payors into continuing to pay for such patients\u2019 care.\u201d<\/p>\n<p align=\"left\">The complaint reports that, on September 1, 2024, \u201cthe truth began to emerge when <em>The New York Times <\/em>(the \u201c<em>NY Times<\/em>\u201d) published an article entitled \u201cHow a Leading Chain of Psychiatric Hospitals Traps Patients.\u201d According to that article, an investigation found that some of Acadia\u2019s success \u201cwas built on a disturbing practice: Acadia has lured patients into its facilities and held them against their will, even when detaining them was not medically necessary.\u201d Following this report, <strong><em>shares of Acadia\u2019s common stock declined more than 4.5% in value, to close on September 3, 2024 at $78.21 per share<\/em><\/strong>.<\/p>\n<p align=\"left\">Subsequently, through a series of additional disclosures in September and October 2024 \u2013 which included additional <em>NY Times<\/em> articles and governmental requests for information \u2013 <strong><em>shares of the company\u2019s stock declined in value to $42.69 per share<\/em><\/strong>.<\/p>\n<p align=\"left\">The investigation seeks to determine whether the members of Acadia\u2019s board of directors violated the securities laws and\/or breached their fiduciary duties in connection with the above alleged misconduct and disclosures.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <em>Acadia <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>stockholders who purchased or acquired ACHC shares <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em><br \/>\n            <u>prior to January 1, 2023<\/u><br \/>\n          <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750 for additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser):<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"left\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wOq-Wz4nzznOWYgOaYnhMgPaFTBMirwDiTE9Ws8A4zAHcZdlIqEsbcsxx0unio9OCDjmOowy_bmfzW5bWXfhrREskpSVmFC_lpCXloZAclgsnoYSFFrfpX9lZRUSB5YXzCr0qOocDz-Q67OjvsY1PrYPtkjgcN4Nms8pNoqnhXE=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <em>https:\/\/kaskelalaw.com\/case\/acadia-healthcare\/<\/em><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"left\">Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger &amp; acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Uib0sk67Iw7mtVIGIMBOnuvXCKk8_V4BjFULyQAqDa0gpa9t2lJZk3nK-CqLViG5AnV4rUSahqBxJ5sJ782fl1KDpUH5Rnnxdm_Ha_RpwU=\" rel=\"nofollow\" target=\"_blank\">www.kaskelalaw.com<\/a>.<\/p>\n<p align=\"left\">\n        <strong>CONTACT:<\/strong>\n      <\/p>\n<p align=\"left\">\n        <strong>KASKELA LAW LLC<\/strong><br \/>\n        <br \/>D. Seamus Kaskela, Esq.<br \/>(<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zFFHFI-aL2qB_4FYC55tTs-0caDcLgDI77HQO0G_9LuhUrdkri9_LSoTvYeXbGRAkBalhHOrGfyUxgQskAI7BPPA70hQexncxLvgoZB0QEI=\" rel=\"nofollow\" target=\"_blank\">skaskela@kaskelalaw.com<\/a>)<br \/>Adrienne Bell, Esq.<br \/>(<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oohqhhJkpu3-0CYfiF7VmPfuPvn97VBiEdNQjWL6QQh37Y7zhAMZkJo4ggoLkrzm0wvCQa-x_WWFxLqvuj6ZiOsSNxE2CL85ns32j9Rb2fA=\" rel=\"nofollow\" target=\"_blank\">abell@kaskelalaw.com<\/a>)<br \/>18 Campus Blvd., Suite 100<br \/>Newtown Square, PA 19073<br \/>(888) 715 \u2013 1740<br \/>(484) 229 \u2013 0750<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Uib0sk67Iw7mtVIGIMBOqD58GX6EQwauiooZ5rd-nF1oRijRRRgkA0erpo3cZcc4nPfTAdFG0IKbLdrhnwUFLIZGzaUw6481I66Q26UX0w=\" rel=\"nofollow\" target=\"_blank\">www.kaskelalaw.com<\/a><\/p>\n<p align=\"left\">This notice may constitute attorney advertising in certain jurisdictions.\u00a0\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NzU1OSM2Nzg2NjMxIzIwOTk5MzU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDkxZmM4MjgtNzU2OS00NWU2LWE5NzItMjJlZDJlZjM3MThlLTExMTE1MDY=\/tiny\/Kaskela-Law.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, March 03, 2025 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) (\u201cAcadia\u201d) on behalf of the company\u2019s long-term shareholders. Click here for additional information: https:\/\/kaskelalaw.com\/case\/acadia-healthcare\/ Recently a securities fraud complaint was filed against Acadia on behalf of certain investors who purchased shares of the company\u2019s stock between February 8, 2020 and October 30, 2024. According to the complaint, during that time period \u201cAcadia admitted and held patients against their will in its facilities, and kept patients beyond the length of time that was medically necessary\u2014an undisclosed scheme to deceive payors into continuing to pay for such patients\u2019 care.\u201d The complaint reports that, on September 1, 2024, \u201cthe truth began to emerge &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-820532","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, March 03, 2025 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) (\u201cAcadia\u201d) on behalf of the company\u2019s long-term shareholders. Click here for additional information: https:\/\/kaskelalaw.com\/case\/acadia-healthcare\/ Recently a securities fraud complaint was filed against Acadia on behalf of certain investors who purchased shares of the company\u2019s stock between February 8, 2020 and October 30, 2024. According to the complaint, during that time period \u201cAcadia admitted and held patients against their will in its facilities, and kept patients beyond the length of time that was medically necessary\u2014an undisclosed scheme to deceive payors into continuing to pay for such patients\u2019 care.\u201d The complaint reports that, on September 1, 2024, \u201cthe truth began to emerge &hellip; Continue reading &quot;SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-03T13:42:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NzU1OSM2Nzg2NjMxIzIwOTk5MzU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm\",\"datePublished\":\"2025-03-03T13:42:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/\"},\"wordCount\":431,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM4NzU1OSM2Nzg2NjMxIzIwOTk5MzU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\\\/\",\"name\":\"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm - Market Newsdesk","og_description":"PHILADELPHIA, March 03, 2025 (GLOBE NEWSWIRE) &#8212; Kaskela Law LLC announces that it is investigating Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) (\u201cAcadia\u201d) on behalf of the company\u2019s long-term shareholders. Click here for additional information: https:\/\/kaskelalaw.com\/case\/acadia-healthcare\/ Recently a securities fraud complaint was filed against Acadia on behalf of certain investors who purchased shares of the company\u2019s stock between February 8, 2020 and October 30, 2024. According to the complaint, during that time period \u201cAcadia admitted and held patients against their will in its facilities, and kept patients beyond the length of time that was medically necessary\u2014an undisclosed scheme to deceive payors into continuing to pay for such patients\u2019 care.\u201d The complaint reports that, on September 1, 2024, \u201cthe truth began to emerge &hellip; Continue reading \"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-03T13:42:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NzU1OSM2Nzg2NjMxIzIwOTk5MzU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm","datePublished":"2025-03-03T13:42:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/"},"wordCount":431,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NzU1OSM2Nzg2NjMxIzIwOTk5MzU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-announces-shareholder-investigation-of-acadia-healthcare-company-inc-nasdaq-achc-and-encourages-long-term-acadia-investors-to-contact-the-firm\/","name":"SHAREHOLDER ALERT: Kaskela Law LLC Announces Shareholder Investigation of Acadia Healthcare Company, Inc.\u00a0(NASDAQ: ACHC) and Encourages Long-Term Acadia Investors to Contact the Firm - 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