A securities class action has been filed against Ardent Health Inc., alleging the company and certain executives made false or misleading statements and failed to disclose issues related to accounts receivable collectability and revenue recognition. The suit follows Ardent’s disclosure of a $43 million third-quarter 2025 revenue decrease tied to revised collectability determinations after a transition to a new revenue accounting system, alongside a cut to 2025 EBITDA guidance and a $54 million increase in professional liability reserves. Investors seeking to be appointed lead plaintiff must file by April 21, 2026.
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