NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Acadia Healthcare Company, Inc. (NASDAQGS: ACHC) concerning possible violations of federal securities laws.
On October 24, 2017, Acadia issued a press release disclosing that its struggling U.K. facilities had missed the forecasts that defendants had stated to investors would be met throughout the year. The press release also reduced the Company’s recently reaffirmed fiscal year 2017 guidance. Following this news, shares of Acadia fell from a close of $44.12 on October 24, 2017 to close at $32.68 the following day. To obtain additional information, go to:
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Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.