Investigation Overview
October 27, 2014 (Shareholders Foundation) - An investigation on behalf of investors of Acadia Healthcare Company Inc (NASDAQ:ACHC) shares over potential securities laws violations in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Acadia Healthcare Company Inc (NASDAQ:ACHC) concerning whether a series of statements regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Acadia Healthcare Company Inc reported that its annual Total Revenue rose from $216.50 million in 2011 to $713.41 million in 2013 and that its Net Loss of $34.89 million in 2011 turned into a Net Income of $43.58 million in 2013.
Shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) grew from $8.15 per share in December 2011 to as high as $53.57 per share in February 2014.