Energy News / Shareholders Foundation, Inc.

Deadline Upcoming in $25 Million Settlement in the AAC Holdings Inc (NYSE:AAC) Investor Lawsuit

Via: ReleaseWire

Updated 11:30 AM CDT, Thu, June 28,2018

A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of AAC Holdings Inc (NYSE: AAC) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on July 19, 2018 and NYSE: AAC investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 06/28/2018 -- A deadline is coming up on July 19, 2018 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of AAC Holdings Inc (NYSE: AAC) between October 2, 2014 and August 4, 2015.

Investors who purchased a significant amount of shares of AAC Holdings Inc (NYSE: AAC) between October 2, 2014 and August 4, 2015, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the AAC Holdings Inc (NYSE: AAC) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/aac-holdings-inc-nyse-aac-investor-securities-class-action-lawsuit-08242015

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is July 19, 2018. The class action administrator for this case is A.B. Data.

The lawsuit was originally filed in the U.S. District Court for the Middle District of Tennessee over alleged violations of Federal Securities Laws by AAC Holdings Inc in connection with certain allegedly false and misleading statements made between October 2, 2014 and August 3, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of AAC Holdings Inc (NYSE: AAC) common shares between October 2, 2014 and August 3, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 2, 2014 and August 3, 2015 defendants made allegedly false and misleading statements and allegedly failed to disclose material information, including with respect to legal proceedings brought against subsidiaries of AAC Holdings Inc and several former and one current employees, including its President at the time, Jerrod N. Menz.

Those who purchased shares of AAC Holdings Inc (NYSE: AAC) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/deadline-upcoming-in-25-million-settlement-in-the-aac-holdings-inc-nyseaac-investor-lawsuit-1002856.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com