NEW ORLEANS--(BUSINESS WIRE)--ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until May 14, 2018 to file lead plaintiff applications in a securities class action lawsuit against Acadia Healthcare Company, Inc. (NasdaqGS: ACHC). Investor losses must relate to purchases of the Company’s securities between February 23, 2017 and October 24, 2017. This action is pending in the United States District Court for the Middle District of Tennessee.
Acadia investors should visit https://www.claimsfiler.com/cases/view-acadia-healthcare-company-inc-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
On October 24, 2017, the Company disclosed negative financial results for 3Q 2017 including a reduction to its guidance for fiscal year 2017 and a significant cut to EBITDA relating to its U.K. facilities purportedly driven by “lower census and higher operating costs.” On this news, the price of Acadia’s shares plummeted 26% to close at $32.68 per share.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.