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Acadia Healthcare Company, Inc. - Kaplan Fox
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<h2 class="has-white-color has-text-color wp-block-heading">Review My Case</h2> <p class="has-white-color has-text-color">Our success reflects our years of experience providing our clients the best combination of personal service and landmark results.</p> <div class="btn-wrap align-center" style=""> <a id="cta_button_block_b947338c2debfb2c21be202f041a9902" href="https://www.kaplanfox.com/join-a-case/" target="" class="btn default full-width "><span class="button-text">Start getting Results</span></a> </div> </div> </div> </div> </div></div></div></li> </ul></div> </nav> </div> </div> <div class="header-search-wrap"> <div class="container"> <form role="search" method="get" class="search-form" action="/"> <label> <span class="screen-reader-text">Search for:</span> <input type="search" class="search-field" placeholder="Search …" value="" name="s"> </label> <input type="submit" class="search-submit" value="Search"> <button class="search-close" aria-label="Close search bar"> <svg 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class="has-inline-color has-brand-orange-color">february 28, 2020 – september 26, 2024</mark><br><strong>LEAD PLAINTIFF DEADLINE:</strong><mark> </mark><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-brand-orange-color">december 16, 2024</mark></p> <a id="cta_button_block_da08f6356b577b7bb93a402157dc4db0" href="/join-a-case" target="" class="btn btn-alt-lg "><span class="button-text">Join Investigation</span><svg class="icon" xmlns="http://www.w3.org/2000/svg" width="15.789" height="10.351" viewBox="0 0 15.789 10.351"> <g id="arrow" transform="translate(0.75 1.061)"> <path id="Path_374" data-name="Path 374" d="M237.381,1117.391l4.115,4.115-4.115,4.115" transform="translate(-227.518 -1117.391)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> <line id="Line_15" data-name="Line 15" x2="12.978" transform="translate(0 4.115)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> </g> </svg></a> <div 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data-srcset="https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi.jpg 800w, https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi-273x300.jpg 273w, https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi-768x843.jpg 768w" data-sizes="auto" data-eio-rwidth="800" data-eio-rheight="878" /><noscript><img fetchpriority="high" decoding="async" width="800" height="878" src="https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Headshot: Jeffrey Capisi" srcset="https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi.jpg 800w, https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi-273x300.jpg 273w, https://www.kaplanfox.com/wp-content/uploads/2023/03/headshot-jeffrey-capisi-768x843.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" data-eio="l" /></noscript></div><div class="staff-tile-copy"><h3 class="staff-tile-title">Jeffrey P. Campisi</h3><a href="mailto: JCampisi@kaplanfox.com" class="staff-tile-email"> JCampisi@kaplanfox.com</a></div></div><div class="tile"><div class="thumbnail-wrap"><img decoding="async" width="844" height="1046" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAA0wAAAQWAQAAAAAvVAUFAAAAAnRSTlMAAHaTzTgAAACDSURBVHja7cEBDQAAAMKg909tDwcUAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAXwa1QQABfj+75wAAAABJRU5ErkJggg==" class="attachment-post-thumbnail size-post-thumbnail wp-post-image lazyload" alt="" data-src="https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331.jpg" data-srcset="https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331.jpg 844w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-242x300.jpg 242w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-826x1024.jpg 826w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-768x952.jpg 768w" data-sizes="auto" data-eio-rwidth="844" data-eio-rheight="1046" /><noscript><img decoding="async" width="844" height="1046" src="https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" srcset="https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331.jpg 844w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-242x300.jpg 242w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-826x1024.jpg 826w, https://www.kaplanfox.com/wp-content/uploads/2023/03/LKing2-e1692296043331-768x952.jpg 768w" sizes="(max-width: 844px) 100vw, 844px" data-eio="l" /></noscript></div><div class="staff-tile-copy"><h3 class="staff-tile-title">Laurence D. King</h3><a href="mailto:LKing@kaplanfox.com" class="staff-tile-email">LKing@kaplanfox.com</a></div></div></div></div> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:67%"> <div id="block-featured-image-block_4f8c1aab77106444c4294faa26a70a7d" class="block-featured-image aspect-case"> <img decoding="async" width="1024" height="683" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAABAAAAAKrAQAAAABHbcI5AAAAAnRSTlMAAHaTzTgAAABsSURBVHja7cExAQAAAMKg9U9tDB+gAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAADgbWDoAAdt1W50AAAAASUVORK5CYII=" class="attachment-large size-large wp-post-image lazyload" alt="Acadia Healthcare" data-src="https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1024x683.jpg" data-srcset="https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1024x683.jpg 1024w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-300x200.jpg 300w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-768x512.jpg 768w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1536x1024.jpg 1536w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-2048x1365.jpg 2048w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-scaled.jpg 1920w" data-sizes="auto" data-eio-rwidth="1024" data-eio-rheight="683" /><noscript><img decoding="async" width="1024" height="683" src="https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1024x683.jpg" class="attachment-large size-large wp-post-image" alt="Acadia Healthcare" srcset="https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1024x683.jpg 1024w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-300x200.jpg 300w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-768x512.jpg 768w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-1536x1024.jpg 1536w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-2048x1365.jpg 2048w, https://www.kaplanfox.com/wp-content/uploads/2023/08/bigstock-Blurry-Medical-Ultrasound-Mach-471721451-scaled.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px" data-eio="l" /></noscript></div> <p><a href="http://www.kaplanfox.com/">Kaplan Fox & Kilsheimer LLP</a> is investigating potential securities violations against <a>Acadia Healthcare Company, Inc. </a>(“Acadia” or the “Company”) (NASDAQ: ACHC).</p> <p class="has-text-align-center"><a href="https://www.kaplanfox.com/join-a-case/">CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION</a></p> <p><strong>If you are an Acadia investor and have suffered losses, you may </strong><a href="https://www.kaplanfox.com/join-a-case/"><strong>CLICK HERE</strong></a><strong> to contact us. You may also contact Kaplan Fox by emailing </strong><a href="mailto:jcampisi@kaplanfox.com"><strong>jcampisi@kaplanfox.com</strong></a> <strong>or by calling (212) 329-8571.</strong></p> <p>Acadia is one of the largest chains of psychiatric hospitals, with more than 250 facilities in the United States and Puerto Rico.</p> <p>On September 1, 2024, <em>The New York Times</em> published an article entitled “How a Leading Chain of Psychiatric Hospitals Traps Patients.” The article reports that “Acadia has lured patients into its facilities and held them against their will, even when detaining them was not medically necessary.”</p> <p>Then, on September 27, 2024, before the market opened the Company announced in a Form 8-K filing with the Securities and Exchange Commission that it “received a voluntary request for information from the United States Attorney’s Office for the Southern District of New York as well as a grand jury subpoena from the United States District Court for the Western District of Missouri related to its admissions, length of stay and billing practices.” The Company also “anticipates receiving similar document requests from the U.S. Securities and Exchange Commission and may receive additional document requests from other governmental agencies.”</p> <p>Following this news, Acadia stock price fell $12.38 per share, over 16%, to close at $63.28 per share on September 27, 2024.</p> <h2 class="wp-block-heading">WHY CONTACT KAPLAN FOX</h2> <p>Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at <a href="http://www.kaplanfox.com">www.kaplanfox.com</a>.</p> <p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p> <p>If you have any questions about this investigation, please contact:</p> <p>Jeffrey P. Campisi<br><a href="http://www.kaplanfox.com/">KAPLAN FOX & KILSHEIMER LLP</a><br>800 Third Avenue, 38th Floor<br>New York, New York 10022<br>(212) 329-8571<br><a href="mailto:jcampisi@kaplanfox.com">jcampisi@kaplanfox.com</a></p> <p>Laurence D. King<br><a href="http://www.kaplanfox.com/">KAPLAN FOX & KILSHEIMER LLP</a><br>1999 Harrison Street, Suite 1560<br>Oakland, California 94612<br>(415) 772-4704<br><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p> </div> </div> </div> </div> <style> #section-block_52b24508bee241f233d4719766097d2f { background-color:; padding-bottom:30px; padding-top:30px; } </style> <div id="section-block_52b24508bee241f233d4719766097d2f" class="section section-block has-background has-brand-slate-background-color section-type-default bg-type-default section-width-edge"> <div class="container"> <div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-11 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-constrained wp-container-core-column-is-layout-13 wp-block-column-is-layout-constrained"> <div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-10 wp-block-columns-is-layout-flex"> <div class="wp-block-column 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stroke-linecap="round" stroke-miterlimit="10" stroke-width="2"/> </svg> </button> </div> <div class="splide__track"> <ul class="splide__list"> <li class="splide__slide block-case-slide"> <div class="case-tile"> <div class="case-thumbnail"> <img decoding="async" width="768" height="540" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAwAAAAIcAQAAAABpmfR3AAAAAnRSTlMAAHaTzTgAAABJSURBVHja7cEBDQAAAMKg90/t7AEUAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAABwA8ycAAHlyveKAAAAAElFTkSuQmCC" class="attachment-medium_large size-medium_large wp-post-image lazyload" alt="Macy's" data-src="https://www.kaplanfox.com/wp-content/uploads/2024/11/bigstock-New-York-USA-JUNE-th-84855329-768x540.webp" data-srcset="https://www.kaplanfox.com/wp-content/uploads/2024/11/bigstock-New-York-USA-JUNE-th-84855329-768x540.webp 768w, https://www.kaplanfox.com/wp-content/uploads/2024/11/bigstock-New-York-USA-JUNE-th-84855329-300x211.webp 300w, 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stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> <line id="Line_15" data-name="Line 15" x2="12.978" transform="translate(0 4.115)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> </g> </svg> </a> </div> </li> <li class="splide__slide block-case-slide"> <div class="case-tile"> <div class="case-thumbnail"> <img decoding="async" width="734" height="490" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAt4AAAHqAQAAAAAb7HTUAAAAAnRSTlMAAHaTzTgAAABDSURBVHja7cExAQAAAMKg9U9tDQ+gAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAADeDbICAAFOOUUwAAAAAElFTkSuQmCC" class="attachment-medium_large size-medium_large wp-post-image lazyload" alt="MediaAlpha" data-src="https://www.kaplanfox.com/wp-content/uploads/2023/04/bigstock-Empty-Drugstore-With-Nobody-In-474154527sm.png" data-srcset="https://www.kaplanfox.com/wp-content/uploads/2023/04/bigstock-Empty-Drugstore-With-Nobody-In-474154527sm.png 734w, 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width="15.789" height="10.351" viewBox="0 0 15.789 10.351"> <g id="arrow" transform="translate(0.75 1.061)"> <path id="Path_374" data-name="Path 374" d="M237.381,1117.391l4.115,4.115-4.115,4.115" transform="translate(-227.518 -1117.391)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> <line id="Line_15" data-name="Line 15" x2="12.978" transform="translate(0 4.115)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> </g> </svg> </a> </div> </li> <li class="splide__slide block-case-slide"> <div class="case-tile"> <div class="case-thumbnail"> <img decoding="async" width="768" height="469" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAwAAAAHVAQAAAABulqGWAAAAAnRSTlMAAHaTzTgAAABDSURBVHja7cExAQAAAMKg9U9tCj+gAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAOBrG1AAEkhlhMAAAAAElFTkSuQmCC" class="attachment-medium_large size-medium_large wp-post-image lazyload" alt="PACS Group" 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15.789 10.351"> <g id="arrow" transform="translate(0.75 1.061)"> <path id="Path_374" data-name="Path 374" d="M237.381,1117.391l4.115,4.115-4.115,4.115" transform="translate(-227.518 -1117.391)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> <line id="Line_15" data-name="Line 15" x2="12.978" transform="translate(0 4.115)" fill="none" stroke="#1d1752" stroke-linecap="square" stroke-width="1.5"/> </g> </svg> </a> </div> </li> <li class="splide__slide block-case-slide"> <div class="case-tile"> <div class="case-thumbnail"> <img decoding="async" width="768" height="512" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAwAAAAIAAQAAAAAdjTaXAAAAAnRSTlMAAHaTzTgAAABHSURBVHja7cExAQAAAMKg9U9tDB+gAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAvgbCAAABqCxAvgAAAABJRU5ErkJggg==" class="attachment-medium_large size-medium_large wp-post-image lazyload" alt="United Parcel Service" 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