Investors who purchased Acadia Healthcare Company Inc. common stock between April 30, 2014 and Nov. 15, 2018 may be eligible for a payment from a $179,000,000 securities class action settlement.
The lawsuit claimed the company and certain executives made misleading statements about operations and financial performance. While the defendants deny wrongdoing, they agreed to settle the case.
If you qualify, you must file a claim by April 30, 2026 to be considered for a payment.
Why This Lawsuit Exists?
The class action alleged that Acadia Healthcare and certain executives violated federal securities laws by making materially false or misleading statements to investors.
According to the plaintiffs, the alleged misstatements involved:
Quality of care at Acadia facilities
Staffing levels and regulatory compliance
The expected financial performance of the company’s United Kingdom operations
Investors claimed these statements artificially inflated Acadia’s stock price during the class period. When the truth allegedly emerged, shareholders said they suffered losses.
The defendants deny all allegations, but agreed to resolve the case with a $179 million settlement to avoid continued litigation.
Who Qualifies?
You may be eligible if you:
Purchased or otherwise acquired Acadia Healthcare common stock
Between April 30, 2014, and Nov. 15, 2018 (inclusive)
Additional eligibility details:
Both individuals and entities can qualify
Each legal entity must submit its own claim
All joint purchasers must sign the claim form
Executors, administrators, guardians, conservators, or trustees may file claims for investors with proper documentation
How Much Money Could You Get?
The settlement creates a $179,000,000 fund to compensate eligible investors.
Your payment depends on several factors, including:
How many shares did you purchase
When you bought and sold those shares
How many valid claims are submitted
Total recognized losses across all claimants
Payments will be distributed pro rata, meaning each eligible investor receives a proportional share of the net settlement fund.
Estimated recovery:
About $2.03 per allegedly damaged share before deductions
Actual payments may be higher or lower depending on individual trading activity and the number of claims filed.
Key calculation rules include:
For shares sold during the class period, recognized loss is the lesser of inflation loss or purchase price minus sale price
For shares held through the end of the class period and sold by Feb. 13, 2019, the loss depends on the lowest of three calculation methods
For shares held through Feb. 13, 2019, or sold after, loss equals the lesser of inflation at purchase or purchase price minus $28.83
Important notes:
If the calculation results in a negative number, the recognized loss becomes $0
Claims paying less than $10 will not receive a distribution
Investors must have a net overall loss to qualify
Your Options
| Option | What It Means | Deadline |
|---|---|---|
| Submit a Claim | File a proof of claim to receive a share of the settlement. | April 30, 2026 |
| Object | Write to the court if you disagree with the settlement or fee request. | April 8, 2026 |
| Attend the Hearing | Ask to speak in court about the settlement’s fairness. | April 29, 2026 |
| Do Nothing | You will receive no payment but will still be bound by the settlement. | — |
The final fairness hearing is scheduled for April 29, 2026.
How to File a Claim?
To receive a payment, you must submit a proof of claim form and provide documentation of your Acadia stock transactions.
Required information includes:
Shares held at the close of trading on April 29, 2014
All purchases or acquisitions between April 30, 2014, and Feb. 13, 2019
All sales between April 30, 2014, and Feb. 13, 2019
Shares held at the close of trading on Nov. 15, 2018
Shares held at the close of trading on Feb. 13, 2019
You must also provide:
The last four digits of your Social Security number or your full taxpayer identification number
Documentation such as:
Broker confirmation slips
Broker account statements
Other records showing purchases, sales, and holdings
Claims can be filed online or by mail.
Mailing address:
Acadia Healthcare Securities Litigation
Claims Administrator
c/o Verita Global
P.O. Box 301135
Los Angeles, CA 90030-1135
When Will Payments Be Sent?
Payments will be distributed after the court grants final approval of the settlement and any appeals are resolved. Claims processing must also be completed before distributions begin.
