Welcome to the AdaptHealth Securities Litigation Website
The information contained on this website is only a summary of the information presented in more detail in the Notice of Pendency of Class Action and Proposed Settlement of Class Action (the “Notice”). Because this website is just a summary, you should review the Notice for additional details.
Summary of the Action and Settlement
This website relates to a proposed settlement of claims in a securities class action that was brought by investors alleging that AdaptHealth Corp. (“AdaptHealth” or the “Company”), certain of AdaptHealth’s senior officers and directors, and the underwriters of AdaptHealth’s January 5, 2021 Secondary Public Offering of common stock violated federal securities laws by making material misrepresentations and omissions concerning certain aspects of AdaptHealth’s business.
Lead Plaintiffs Allegheny County Employees’ Retirement System, International Union of Operating Engineers, Local No. 793, Members Pension Benefit Trust of Ontario, and City of Tallahassee Pension Plan (“Lead Plaintiffs”), on behalf of themselves and the Settlement Class, have settled the Action in exchange for payment of $35,000,000 in cash.
On May 13, 2026, the Court held a hearing to consider final approval of the Settlement and other matters. On June 10, 2026, the Court entered a Final Judgment and Order of Dismissal with Prejudice which approved the Settlement, as well as orders approving the Plan of Allocation and Lead Counsel’s motion for attorneys' fees and litigation expenses.
If you are a member of the Settlement Class, you are subject to the Settlement, unless you timely request to be excluded. The Settlement Class consists of:
all Persons who purchased or otherwise acquired AdaptHealth common stock during the period from August 4, 2020 through November 7, 2023, inclusive (the “Settlement Class Period”).
Excluded from the Settlement Class are: (a) Defendants; (b) any person who served as an officer or director of AdaptHealth during the Class Period; (c) the Immediate Family Members of the Individual Defendants and the excluded officers and directors; (d) any firm, trust, corporation, or other entity in which any excluded Person has, or had during the Settlement Class Period, a controlling interest; and (e) the legal representatives, parents, subsidiaries, agents, affiliates, heirs, successors-in-interest, predecessors, or assigns of any such excluded Person, in their capacities as such. Provided, however, that any Investment Vehicle shall not be excluded from the Settlement Class.
Please read the Notice to fully understand your rights. Copies of the Notice and Claim Form can be found in the menu at the top of this page.
The deadline to submit a Claim Form to be eligible to participate in the Settlement is July 2, 2026. Payments to eligible claimants will be made only after the completion of all claims processing. Please be patient, as this process will take some time to complete.
YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT: | |
SUBMIT A CLAIM FORM POSTMARKED OR SUBMITTED ONLINE NO LATER THAN JULY 2, 2026. | This is the only way to be eligible to receive a payment from the Settlement Fund. If you are a Settlement Class Member and you remain in the Settlement Class, you will be bound by the Settlement as approved by the Court and you will give up any Released Plaintiffs’ Claims (defined in FAQ #5) that you have against Defendants and the other Released Defendant Parties (defined in FAQ #5), so it is in your interest to submit a Claim Form. |
DO NOTHING. | If you are a member of the Settlement Class and you do not submit a valid Claim Form, you will not be eligible to receive any payment from the Settlement Fund. You will, however, remain a member of the Settlement Class, which means that you give up your right to sue about the claims that are resolved by the Settlement and you will be bound by any judgments or orders entered by the Court in the Action. |
These rights and options—and the deadlines to exercise them—are further explained in the Notice.