Jacobs buys block of Cumberland Pharma stock

Joey Jacobs, the newly minted chairman and CEO of Acadia Healthcare, was also paying plenty of attention to his other interests this week. Since Monday, the former Psych Solutions boss has snapped up his first 50,000 shares of Cumberland Pharmaceuticals, where he is a director. Jacobs joined the board of Cumberland in January is up for a three-year term at the company's upcoming shareholders' meeting.