Major Lawsuit Targets Acadia Healthcare Over Alleged Insurance Fraud and Patient Detainment Practices
New York – A prominent securities law firm, Bleichmar Fonti & Auld LLP, has initiated a lawsuit against Acadia Healthcare Company, Inc. and certain top executives, alleging misconduct that includes insurance fraud and unethical patient retention practices. This legal action puts one of the largest for-profit psychiatric hospital chains in the U.S. under scrutiny for its operations and financial declarations. Investors in Acadia Healthcare are encouraged to join the lawsuit if they seek to recover losses from investments made during the implicated period. The legal claim, filed in the U.S. District Court for the Middle … Read more