AdaptHealth, Ex-CEO Cut $51M Deal To End Investor Fight

By Dorothy Atkins · February 28, 2024, 3:46 PM EST

AdaptHealth and its former CEO have agreed to pay $51 million to resolve a shareholder suit alleging the medical equipment company misled investors by retroactively inflating growth numbers ahead of a...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Case Information

Case Title

DELAWARE COUNTY EMPLOYEES RETIREMENT SYSTEM v. ADAPTHEALTH CORP. F/K/A DFB HEALTHCARE ACQUISITIONS CORP. et al

Case Number

Court

Pennsylvania Eastern

Nature of Suit

Other Statutes: Securities/Commodities

Date Filed

July 29, 2021

Recent Articles By Dorothy

May 02, 2024
Calif. Justices To Review Gilead's HIV Drug Negligence Fight
May 01, 2024
J&J Unit Cuts Deal To End Cancer Drug Trade Secret Fight
January 24, 2024
US News Sues SF City Atty Over 'Best Hospitals' Probe
January 12, 2024
Feds Seek Prison Time For Ex-NBA Player In Health Fraud Suit
January 10, 2024
Judge Axes Bellwether Cases In 'Frankenstein' BCBS Fight
January 08, 2024
Walgreens, Humana Cut $360M Deal Ending Crowell Fight
November 07, 2023
Yelp Claims Paxton's Anti-Abortion Center Fight Chills Speech
November 03, 2023
Unsealed FTC Suit Claims 'Staggering' Tracking By Kochava
October 18, 2023
Trans Adults, Minors Get Class Cert. In Fla. Health Care Fight
October 02, 2023
Sutter Health Emails Reveal Billing Confusion In $519M Trial