SOURCE: Kahn Swick & Foti, LLC

October 09, 2015 22:00 ET

AAC SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AAC Holdings, Inc. - AAC

NEW ORLEANS, LA--(Marketwired - Oct 9, 2015) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 23, 2015 to file lead plaintiff applications in a securities class action lawsuit against AAC Holdings, Inc. (NYSE: AAC) if they purchased the Company's securities between October 2, 2014 and August 3, 2015, inclusive (the "Class Period"). This action is pending in the United States District Court for the Middle District of Tennessee.

What You May Do

If you purchased shares of AAC and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 23, 2015.

About the Lawsuit

AAC and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On July 29, 2015, an indictment bringing charges against subsidiaries of AAC and two current and three former employees related to an investigation by the California Department of Justice into to the death of a patient in 2010 at an AAC subsidiary was unsealed.

Then, on August 4, 2015, AAC disclosed that its former president was one of the individuals indicted, and a Bleecker Street Research article claimed that AAC had reason to know in 2013 about the criminal investigation that led to the indictment, but failed to disclose it.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact Information

  • Contact:

    Kahn Swick & Foti, LLC
    Lewis Kahn
    Managing Partner
    lewis.kahn@ksfcounsel.com
    1-877-515-1850
    206 Covington St.
    Madisonville, LA 70447