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...

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Case Information

Case Title

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

Case Number

2:21-cv-03382

Court

Pennsylvania Eastern

Nature of Suit

Other Statutes: Securities/Commodities

Date Filed

July 29, 2021