AdaptHealth $AHCO (f/k/a DFB Healthcare) $51M + 1M Shares Settlement
AdaptHealth (AHCO) agreed to settle $51 million in cash and 1 million in shares with investors and $AHCO Call Option holders to end claims over overstating its organic growth trajectory by retroactively inflating past growth numbers without disclosing the changes, in violation of SEC regulations.
Frequently Asked Questions
All persons who purchased or otherwise acquired AdaptHealth common stock or call options on AdaptHealth common stock or sold put options on AdaptHealth common stock during the period between November 8, 2019 and July 16, 2021, inclusive.
No, if you have purchased securities within the class period, you are eligible to participate.
You can participate in the settlement and retain (or sell) your securities.
The final payout amount depends on your specific trades and the number of investors participating in the settlement.
If 100% of investors file their claims - the average payout will be $0.63 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $2.52 per share.
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
11thestate is an investor recovery company, we help investors to track and collect securities class action settlements. We will:
Prepare documents for your payout
Audit the claim and make sure you get the maximum possible payout
File a claim with the settlement administration
Correspond with the settlement administration to resolve emerging issues
Deliver payout directly to your brokerage account
There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.