NEW YORK, Aug. 5, 2015 /PRNewswire/ -- Levi & Korsinsky has commenced an investigation into whether AAC Holdings, Inc. (NYSE: AAC) and certain of its officers and/or directors have violated federal securities laws. On July 29, 2015, AAC disclosed that the company and certain of its employees had been indicted on murder charges relating to the death of an AAC patient in 2010. Since then, several articles have highlighted instances of undisclosed deaths and distribution of controlled medications without prescriptions to patients allegedly at other AAC facilities. As a result of the news, AAC stock price has plunged approximately 40% from its July 29, 2015 closing price of $39.07 to trade under $24 on August 4, 2015 before trading was halted for volatility around noon EDT. To obtain additional information about this investigation, go to: http://zlk.9nl.com/aac-holdings or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.com
SOURCE Levi & Korsinsky, LLP