Acadia settles derivative suits: $12M paid to company by D&O insurers, $4.75M plaintiff legal fees

Acadia Healthcare Company, Inc.

$12,000,000 cash payment to Acadia funded by Defendants' Side A-DIC insurance carriers under settlement of consolidated stockholder derivative actions.
Acadia will pay Plaintiffs' Counsel $4,750,000 in fees and expenses, subject to Court approval; agreed via mediator's proposal on Feb. 25, 2026.
Judge issued Preliminary Approval Order Sept. 1, 2026 for the Stipulation dated July 31, 2026; hearing notice filed as Exhibits 99.1 and 99.2.
Defendants named include Deborah Jacobs (executor of Joey A. Jacobs' estate), Brent Turner, Ronald Fincher, David Duckworth and eight other current/former directors.
Claims alleged Section 14(a) and 10(b) violations, fiduciary breaches, waste, unjust enrichment and insider selling; defendants deny all wrongdoing.

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