First Came the SEC, Now Investors Raise Allegations Against Acadia Healthcare
"It is particularly important that health care providers satisfy these requirements when providing services to a vulnerable patient population, such as residents of an inpatient behavioral health facility," Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice Department's civil division, said.
November 01, 2024 at 04:55 PM
4 minute read
Acadia Healthcare Company Inc. was hit with a securities class action for allegedly exaggerating patients' symptoms and holding patients against their will to defraud insurers.
The lawsuit emerged a little more than a month after Acadia's $19.85 million settlement with the U.S. Securities and Exchange Commission involving similar allegations of medically unnecessary services.
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