ACHC investors have the opportunity to join Acadia Healthcare Company, Inc. Securities Fraud Investigation with the Schall Law Firm

Schall Law Firm, a national law firm focused on shareholder rights litigation, announces that it is investigating claims alleging violations of the securities laws on behalf of investors of Acadia Healthcare Company, Inc. (“Acadia” or “the Company”) (NASDAQ: ACHC).

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. Acadia is the subject of a New York Times report published on September 1, 2024, titled: “How a Leading Chain of Psychiatric Hospitals Traps Patients.” According to the article, “Acadia Healthcare is one of America’s largest chains of psychiatric hospitals. Since the pandemic worsened a national mental health crisis, the company’s revenue has soared. . . But a New York Times investigation found that part of that success was built on a disturbing practice: Acadia lured patients into its facilities and held them against their will, even when the hold was not medically necessary. In at least 12 of the 19 states where Acadia operates psychiatric hospitals, dozens of patients, employees and police officers have warned authorities that the company was holding people in ways that violated the law, according to documents reviewed by The Times. In some cases, judges have intervened to force Acadia to release patients.” Based on this news, Acadia shares fell 4.5% on September 3, 2024.