Acadia Healthcare Securities Class Action
Acadia Healthcare · Behavioral healthcare services · Ongoing Litigation
About this case
Shareholders allege that Acadia Healthcare failed to disclose material information concerning its admissions, length-of-stay, billing practices, and financial outlook, in violation of federal securities laws. The securities class action is ongoing after the court denied Acadia's motion to dismiss.
Case overview
- Defendant company
- Acadia Healthcare
- Product or service
- Behavioral healthcare services
- Court case number
- 3:18-cv-00988
- Case status
- Ongoing Litigation
- Lawsuit type
- Securities
- Reported harm
- Misrepresentation
Important dates
- settlement claim
Participation information
Settlement Claim
Generally, eligible class members are persons who purchased or otherwise acquired Acadia Healthcare common stock from 2014-04-30 through 2018-11-15, inclusive, subject to the exclusions and other requirements in the Notice and Plan of Allocation.
Complete and submit the Proof of Claim and Release online through the settlement website or by mail to Acadia Healthcare Securities Litigation, Claims Administrator, c/o Verita Global, P.O. Box 301135, Los Angeles, CA 90030-1135. The claim had to be submitted online or postmarked by 2026-04-30. The official website states that online submission is no longer available.
- Type
- Settlement Claim
- Status
- Deadline passed
- Total settlement amount
- $179,000,000
- Payout
- Eligible claimants receive a pro rata share of the net $179 million cash settlement fund, after approved deductions, based on the court-approved Plan of Allocation. The individual payment amount varies according to the claimant's recognized loss and the total value of valid claims; no fixed per-claim amount is stated.
- Reported proof requirement
- Yes
KSF investigation intake
KSF is seeking information from people with relevant information or long-term holders of Acadia shares regarding potential claims involving Acadia's officers and directors.
Contact KSF by phone or email, or use the firm's online intake page to discuss potential legal rights.
- Type
- Law Firm Signup
Sources
- Acadia Healthcare Securities Class Action
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