NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky has commenced an investigation into whether AAC Holdings, Inc. (NYSE: AAC) and certain of its officers and/or directors have violated federal securities laws. On July 29, 2015, AAC disclosed that the company and certain of its employees had been indicted on murder charges relating to the death of an AAC patient in 2010. Since then, several articles have highlighted instances of undisclosed deaths and distribution of controlled medications without prescriptions to patients allegedly at other AAC facilities. As a result of the news, AAC stock price has plunged approximately 40% from its July 29, 2015 closing price of $39.07 to trade under $24 on August 4, 2015 before trading was halted for volatility around noon EDT. To obtain additional information about this investigation, go to:
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