BFA Files Securities Fraud Class Action Against Ardent Health Inc

Reuters02-21 19:47
BFA Files Securities Fraud Class Action Against Ardent Health Inc

Bleichmar Fonti & Auld LLP has filed a securities fraud class action against Ardent Health Inc. and certain senior executives after the company’s shares fell more than 33% following disclosures tied to accounts receivable collectability and reserve adjustments. The suit, pending in the U.S. District Court for the Middle District of Tennessee, alleges the company misrepresented how it assessed collectability, inflating reported receivables and delaying recognition of uncollectable accounts. Investors have until March 9, 2026 to seek appointment as lead plaintiff.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ardent Health Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602210647PRIMZONEFULLFEED9657969) on February 21, 2026, and is solely responsible for the information contained therein.

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