ACHC investors have the opportunity to participate with the Schall Law Firm in the securities fraud investigation at Acadia Healthcare Company, Inc.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims of violations of the securities laws on behalf of investors in 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 relevant information to investors. Acadia is the subject of a New York Times Report dated September 1, 2024 titled, “How a Leading Psychiatric Hospital Chain Traps Patients.” According to the article, “Acadia Healthcare is one of the largest psychiatric hospital chains in America, and the company’s revenue has skyrocketed since the pandemic exacerbated a national mental health crisis. [. . .] But a New York Times investigation found that part of that success was based on a troubling practice: Acadia lured patients into its facilities and held them against their will, even when detention was not medically necessary. In at least 12 of the 19 states where Acadia operates psychiatric hospitals, dozens of patients, staff and police officers alerted authorities that the company was holding people in unlawful ways, according to records reviewed by The Times. In some cases, judges intervened to force Acadia to release patients.” On this news, Acadia shares fell 4.5% on September 3, 2024.