NEW YORK, April 23, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against AAC Holdings, Inc. (NYSE: AAC). Our investigation concerns whether AAC has violated the federal securities laws and/or engaged in other unlawful business practices.
Click here to participate in the action.
On April 16, 2019, the company announced that certain financial statements for Fiscal Years 2017 and 2018 could no longer be relied upon. The company disclosed that these financial statements would be restated to reflect adjustments related to estimates for accounts receivable, provision for doubtful accounts, and revenue.
On this news, the AAC’s share price fell by more than 18%, closing at $1.74 per share on April 16, 2019.
If you purchased or otherwise acquired AAC securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into AAC please go to http://www.bespc.com/aac/. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com