Acadia Healthcare (ACHC) Faces Investor Lawsuit Over Allegations of Patient Mistreatment- Hagens Berman
1. Achadia Healthcare faces a class-action lawsuit for misleading investors. 2. Lawsuit alleges deceptive operations regarding patient admissions and billing. 3. Stock dropped 4% after a critical New York Times article exposed practices. 4. A subsequent disclosure led to a further 16% drop in stock price. 5. Inquiries from government agencies may deepen investors' concerns.