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NEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a lawsuit against Acadia Healthcare Company, Inc. ACHC and certain of the Company's senior executives. If you invested in Acadia Healthcare, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/acadia-healthcare-company-inc . Investors have until December 16, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Acadia Healthcare's securities. The case is pending in the U.S. District Court for the Middle District of Tennessee and is captioned Dyar v. Acadia Healthcare Company, Inc. , No. 3:24-cv-01300. The lawsuit can be found here: https://www.bfalaw.com/siteFiles/Cases/Acadia_Dyar_Complaint.pdf What is the Lawsuit About? Acadia is one of the largest for-profit chains of psychiatric hospitals in the United States. The complaint alleges that during the relevant period, the Company misrepresented that its financial results were driven by insurance fraud and holding vulnerable people against their will in its facilities, including in cases where it was not medically necessary to do so. On September 1, 2024, the New York Times published an article titled "How a Leading Chain of Psychiatric Hospitals Traps Patients." The New York Times 's "investigation found that some of that success was built on a disturbing practice: Acadia has lured patients into its facilities and held them against their will, even when detaining them was not medically necessary." On this news, the price of Acadia stock fell $3.72 per share, or 4.5%, to close at $78.21 per share on September 3, 2024. On September 27, 2024, Acadia disclosed that it received a request for information from the U.S. Attorney's Office for the Southern District of New York, a grand jury subpoena from the U.S. District Court for the Western District of Missouri, and that it expects similar requests from the U.S. Securities and Exchange Commission related to the Company's patient admissions, as well as its length of stay and billing practices. This news caused a significant 16% decline in the price of Acadia stock, from $75.66 per share on September 26, 2024 to $63.28 per share on September 27, 2024. Then, on October 18, 2024, the New York Times published an article titled "Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud," stating that the Veterans Affairs Department is investigating whether Acadia is defrauding government health insurance programs by holding patients longer than is medically necessary. The New York Times also stated that several former Acadia employees in Georgia and Missouri have also been interviewed by agents from the F.B.I. and the inspector general's office of the Health and Human Services Department. This news caused a significant 12% decline in the price of Acadia stock, from $59.32 per share on October 17, 2024 to $52.03 per share on October 18, 2024. Click here for more information: https://www.bfalaw.com/cases-investigations/acadia-healthcare-company-inc . What Can You Do? If you invested in Acadia Healthcare you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases-investigations/acadia-healthcare-company-inc Or contact: Ross Shikowitz ross@bfalaw.com 212-789-3619 Why Bleichmar Fonti & Auld LLP? Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It was named among the Top 5 plaintiff law firms by ISS SCAS in 2023 and its attorneys have been named Titans of the Plaintiffs' Bar by Law360 and SuperLawyers by Thompson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors (pending court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com . https://www.bfalaw.com/cases-investigations/acadia-healthcare-company-inc Attorney advertising. Past results do not guarantee future outcomes. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Porter's 26 lead Middle Tennessee over South Florida 95-88
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All of Jamaal Williams’ stats can be found below. Entering Week 13, Williams has 32 carries for 124 yards and one touchdown. A closer look at his season stats reveals he is averaging 3.9 yards per rushing attempt, and in the passing game he has four receptions (six targets) for 21 yards. Don’t miss a touchdown this NFL season. Catch every score with NFL RedZone on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Start your risk free trial today and watch seven hours of commercial-free football from every NFL game every Sunday. BetMGM is one of the most trusted Sportsbooks in the nation. Start with as little as $1 and place your bets today . Catch NFL action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .NEW YORK — Police don't know who he is, where he is, or why he did it. As the frustrating search for UnitedHealthcare CEO Brian Thompson’s killer got underway for a fifth day Sunday, investigators reckoned with a tantalizing contradiction: They have troves of evidence, but the shooter remains an enigma. One conclusion they are confident of, however: It was a targeted attack , not a random one. They know he ambushed Thompson at 6:44 a.m. Wednesday as the executive arrived at the Hilton for his company’s annual investor conference, using a 9 mm pistol that resembled the guns farmers use to put down animals without causing a loud noise. They know ammunition found near Thompson’s body bore the words “delay,” “deny” and “depose,” mimicking a phrase used by insurance industry critics . The fact that the shooter knew UnitedHealthcare group was holding a conference at the hotel and what route Thompson might take to get there suggested that he could possibly be a disgruntled employee or client, NYPD Chief of Detectives Joseph Kenny said. Police divers were seen searching a pond in Central Park, where the killer fled after the shooting. Officers have been scouring the park for days for any possible clues and found his backpack there Friday. They didn’t immediately reveal what, if anything, it contained but said it would be tested and analyzed. On Sunday morning, police declined to comment on the contents of the backpack, or on the results of the search in the pond, saying no updates were planned. Investigators have urged patience, saying the process of logging evidence that stands up in court isn’t as quick as it looks like on TV . Hundreds of detectives are combing through video recordings and social media, vetting tips from the public and interviewing people who might have information, including Thompson’s family and coworkers and the shooter’s randomly assigned roommates at the Manhattan hostel where he stayed. Investigators caught a break when they came across security camera images of an unguarded moment at the hostel in which he briefly showed his face. Retracing the gunman’s steps using surveillance video, police say, it appears he left the city by bus soon after the shooting outside the New York Hilton Midtown. He was seen on video at an uptown bus station about 45 minutes later, Kenny said. With the high-profile search expanding across state lines, the FBI announced late Friday that it was offering a $50,000 reward for information leading to an arrest and conviction, adding to a reward of up to $10,000 that the NYPD has offered. Police say they believe the suspect acted alone. Police distributed the images to news outlets and on social media but so far haven’t been able to ID him using facial recognition — possibly because of the angle of the images or limitations on how the NYPD is allowed to use that technology, Kenny said. Late Saturday, police released two additional photos of the suspected shooter that appeared to be from a camera mounted inside a taxi. The first shows him outside the vehicle and the second shows him looking through the partition between the back seat and the front of the cab. In both, his face is partially obscured by a blue, medical-style mask.
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Alex de Minaur is confident his injury woes are behind him, feeling he is in the best shape he has ever been ahead of the Australian Open . The world No.9 recaptured his fluid best at the first United Cup round in Sydney, putting on a commanding performance to beat Argentina’s Tomas Etcheverry 6-1 6-4 at Ken Rosewall Arena. De Minaur had been plagued by a hip injury in his breakout 2024 season suffered during his Wimbledon run in July. Know the news with the 7NEWS app: Download today The 25-year-old had risen as high as world No.6 after reaching the second week of every slam, including quarter-finals of the French Open, Wimbledon and US Open. Australia’s No.1 remained hindered by the troublesome hip while playing in the Davis Cup in November, but he now feels the worst is over having returned to Australia. “It’s definitely the best I felt since Wimbledon,” de Minaur said on Saturday. “Very happy with how the body’s moving, how it’s feeling. “It’s been a long time coming but it’s feeling the best shape it has been in a very, very long time.” De Minaur is primed to enjoy a rich vein of form heading into next month’s AO, having been the only Australian to claim a victory against Argentina in their first United Cup match. He put on a clinical performance against Etcheverry, claiming the first set within 28 minutes on his way to levelling the tie after teammate Olivia Gadecki lost 6-2 6-4 to Nadia Podoroska in the women’s single. “I was extremely pleased with my level (of performance). Being the first match of the new season, you never know what to expect,” de Minaur said. “Tommy, he’s a quality opponent, a very tough opponent, so I was happy in the way I executed today from the very start until the end. “It’s a very special court and a court that I love playing on, so I was very happy to be able to play the match today.” Australian captain Lleyton Hewitt said de Minaur “played fantastic tennis”. “He was very confident out there, right from the word go, played his Plan A out there, and executed incredibly well,” he said. “He played a faultless match, really.” In the women’s singles, emerging star Olivia Gadecki battled nerves and was broken in her opening game, before losing the first set. Cheered on by a boisterous home crowd in the second, the 22-year-old looked ready to mount a comeback after launching ahead 4-3 but was ultimately undone by her errors in the 88-minute contest. “I thought Olivia got better as the match went on,” Hewitt said. “If we could have snuck out the second set and taken it to a deciding, I think she would have got better throughout the third set.” Argentina secured the 2-1 win thanks to a strong performance from Etcheverry and Maria Carle against Matt Ebden and Ellen Perez, the South American pair claiming a 6-2 6-4 result. Australia return to the court on New Year’s Day when they face a Great Britain outfit including Billy Harris and de Minaur’s fiancee Katie Boulter.
President-elect Donald Trump called his meeting with Justin Trudeau productive and says the prime minister made a commitment to work with the United States to end the drug crisis amid the threat of stiff tariffs. Trudeau flew to Florida Friday evening to attend a dinner at Mar-a-Lago, where Trump’s transition team is based. The in-person meeting came at the end of a rocky week in which Trump threatened to impose stiff tariffs on all imports from Canada and Mexico, unless the two countries stop illegal border crossings and prevent illicit drugs from entering the U.S. In a post on Truth Social, Trump says he and Trudeau discussed the drug crisis, particularly fentanyl, illegal immigration, as well as trade, energy and the Arctic. Trump’s post did not directly mention tariffs. Trudeau told reporters in West Palm Beach Saturday morning that he had an excellent conversation with Trump’s transition team.Trump team signs agreement to allow Justice to conduct background checks on nominees, staff
The invention of smartphones allows fewer excuses for ignorance than at any time in human history. Fact-checking political pronouncements has never been so simple, even on technically complicated subjects like climate change and energy. The AEMO Energy Live app, for example, tells us the source of the electricity we're using in real-time, as opposed to the type of generators Zali Steggall prefers. Steggall told Sky News this week that base load power is "an antiquated idea". “Our grid is evolving and changing,” she said. “We are now, with smart technology and appliances, able to meet the needs of the grid by turning on and off as required, on demand. "The old-fashioned concept of base load power is proving to be more and more a thing of the past." Steggall may or may not be surprised to learn that at 5.15 am on Friday, 92 per cent of NSW's electricity was provided by antiquated base load generators. What’s more, they were burning what she calls fossil fuel and the rest of us call coal. Of the rest, two per cent was generated by gas and hydro. Wind was generating five per cent and solar one percent. Batteries were contributing a big fat zero. This is certainly not a picture of a grid evolving and changing at a pace visible to the naked eye. It is a grid that, on almost every day of the year, depends almost as heavily on coal as it did under the prime ministership of coal-hugger Scott Morrison. The billions of dollars invested in wind, solar, transmission lines and batteries means we have more electricity than we know what to do with in the middle of an average day. In late afternoon, however, around the time we are making a beeline for the kettle or the fridge, the Australian Energy Market Operator is scrabbling around for extra kilowatts from coal, carbon-rich biomass, gas and hydro. AEMO is not too proud to stoop to diesel if it has to. At 6pm on Tuesday, for example, four per cent of Queensland's electricity was generated by liquid fuel, more than by wind and solar combined. Steggall's optimism about the potential of batteries is not entirely unjustified if we're prepared to disregard the environmental consequences of extracting and processing lithium and we're relaxed about putting our energy future in the hands of communist China. Batteries are indeed making some contribution to the grid in short bursts, helping AEMO to ride the shock waves caused by several gigawatts of solar power disappearing into the sunset. The limitations of batteries were exposed in Broken Hill in October when high winds in the middle of the night severed the transmission line supplying base load power from the National Electricity Market. Broken Hill has a new, advanced energy storage centre with grid-forming inverters funded by the government. These are supposed to allow batteries to restart the flow of synchronised energy from a standing start without the aid of power generated by steam or water-powered turbines, which reliably lock power in a tight 50hz cycle. Yet when the opportunity arrived for these clever batteries to do their stuff, they were flat, having discharged their power into the grid earlier in the evening. They had to be recharged by diesel. Engineers had to go through the complex exercise of reconfiguring the batteries into so-called island mode to create a self-contained mini-grid for Broken Hill. It was more than a week before the batteries could offer relief to the town, where the lights had been flickering with the help of more than a dozen trucked-in portable diesel generators. Steggall does not need to get her head around the engineering detail of the failed Broken Hill renewable-only experiment to recognise that it's no use following the science if you ignore the laws of physics. Renewables backed by storage cannot do the heavy lifting performed by always-on antiquated base load at those difficult moments in the day when predictably unreliable solar and wind are taking a little nap. She should check the international data on electricitymaps.com to see if any other jurisdiction has risen to the challenge of powering its grid by renewables alone. The good news is that it can be done if we're prepared to accommodate hydro and even biofuels in our renewables basket. On Friday morning, Sydney time, for example, Norway, was powered almost entirely by hydroelectricity and wind power. It had so much available that 17 percent of its output was being exported to Britain, nine percent to Germany, six percent to Denmark and seven percent to the Netherlands. Unfortunately, however, very few countries have a hills-to-people ratio as high as Norway or Canada. Nor have they made the historical investments in dams and generators required to operate hydro at base load capacity. It is a very different story in the renewable-only wannabes of Europe, like Germany and Ireland, both of which burn coal and gas and fall back on imported nuclear energy from countries like France. This is the real world, which MPs like Steggall are prepared to ignore. Base load power cannot be imagined away, and if Steggall wants us to stop burning coal and gas, nuclear energy is the only energy source capable of holding up the grid. In the interests of full disclosure, Steggall would, I'm sure, want us to put on the record that her 2022 election campaign received funding from Climate 200, led by Simon Holmes à Court. Climate 200 represents the interests of renewable energy investors whose net worth would be harmed by introducing a new competitor to the energy market, particularly one that is as clean or even cleaner than wind and solar and capable of despatching electricity on demand around the clock. Lifting the moratorium on nuclear would immediately slash their assets' net present value, making them instantly poorer. However, Steggall does not deserve to be tarnished by this association any more than she did by accepting a handsome donation from a former chairman of a coal company in 2019. Steggall's base load denialism must be judged on its own merits by whether it is in harmony with the data. Unfortunately for her, it is not. Nick Cater is senior fellow at Menzies Research Centre and a regular contributor to Sky News Australia
Victors Home Solutions recognized as 2024 Roofing Contractor of the YearUConn announced a two-year contract extension for head football coach Jim Mora on Saturday, just before the team took the field for the Fenway Bowl against North Carolina. Mora’s contract extension will run through 2028 and will pay him $10 million through the remaining four years, with the opportunity to earn more in incentives. The 63-year-old coach is set to make $1.7 million next season, $1.9 million in 2026 and $2.3 and $2.4 million in 2027 and 2028, respectively. UConn then went out and thrashed North Carolina, 27-14, in a game that wasn’t as close as the score indicated. “I am forever grateful. I’m grateful to (athletic director) David (Benedict) and (school president) Radenka (Maric) and the Board of Trustees, but this is about what the (UConn players) did today,” Mora said when asked about the extension in the postgame press conference. In a statement released by UConn ahead of the game, Mora said: “I’d like to thank David Benedict, Radenka Maric and the University of Connecticut leadership for their trust in me and their commitment to our football program. When I first got here, I talked about where we wanted this program to go and we have shown great progress but we still have plenty of work to do. The commitment and dedication from the university and the athletic department has me excited about the future for our football team.” “Three years ago, I tasked Jim Mora with the challenge of leading our football team back to success and through his experience, energy and leadership he has done just that,” UConn athletic director David Benedict said in a statement. “He has taken our program to post season bowl games twice and just guided our team to one of the best seasons in UConn football history, building a momentum to keep this program moving forward. I look forward to his leadership of our football team in the years ahead.” Mora is coming off one of the most successful seasons in UConn football history, having led the team to an 8-4 record and an appearance in the Fenway Bowl. It’s the Huskies’ second bowl appearance in three years. UConn’s eight wins is the most for the program since 2010, and the Huskies had their first winning season since that year, too. A win Saturday would give UConn nine wins for just the third time in program history, with the last two such seasons coming in 2003 and 2007. UConn quarterbacks coach Brad Robbins is heading to Tulsa as an offensive coordinator and quarterbacks coach, according to a report from CBS Sports. Robbins was part of a coaching staff that helped the offense produce its most prolific attack since the 2009 season and fifth-most in program history (32.3 points per game). Robbins worked at FCS Tennessee Tech and Division II North Greenville before joining Jim Mora’s staff in spring 2023. Be the first to know Get local news delivered to your inbox!