About the Company

Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico. The company has The company has been investigated for unethical practices multiple times, and involved in multiple lawsuits, including: Sexual abuse In November 2023, Acadia Healthcare settled three cases for $400 million, alleging that a nonprofit operated by a former New Mexico facility placed children in foster care where they were sexually abused. In January 2024, a New Mexico jury awarded $485 million in damages to a child and her guardians in a related case. The jury ordered Acadia Healthcare to pay $80 million in compensatory damages and $250 million in punitive damages. Securities fraud In January 2021, Robbins Geller defeated a motion to dismiss in the case *St. Clair County Employees' Retirement System v. Acadia Healthcare Company, Inc.*, which involved securities fraud. Wage and hour violations Acadia Healthcare has been involved in multiple wage and hour violations, including in 2013, 2018, and 2010.

Sector

Industrial Applications and Services

Industry

Services-Specialty Outpatient Facilities, NEC

Employees

2452

Exchange

Nasdaq