#United States #Class Action #Philadelphia #securities litigation #AdaptHealth Corp

Settlement Analysis of AdaptHealth Corp. Securities Litigation

On March 9, 2026, a significant announcement regarding the AdaptHealth Corp. securities litigation was made by Kroll Settlement Administration. This case, known as In re AdaptHealth Corp. Securities Litigation, is currently waiting for resolution in the Eastern District of Pennsylvania's United States District Court under case number 223-cv-04104-MRP.

Overview of the Class Action

The purpose of the announcement is to notify all individuals and organizations that purchased or acquired common stock of AdaptHealth Corp during the period from August 4, 2020, to November 7, 2023. This constitutes the Settlement Class Period. All eligible claimants should read the notice carefully, as their rights may be impacted by the ongoing litigation.

Lead plaintiffs representing the class, including the Allegheny County Employees' Retirement System and other notable organizations, have proposed a settlement of $35 million in cash. This agreement, if approved, will effectively resolve all claims made in this action.

Upcoming Hearing

A pivotal hearing is scheduled for May 13, 2026, at 10:00 AM Eastern Time. This court session, overseen by the Honorable Mia R. Perez, will determine several crucial aspects:
1. Whether the proposed settlement should be recognized as fair and adequate.
2. The certification of the action as a class action.
3. The potential dismissal of the action against the defendants with prejudice.
4. The assessment of the proposed plan for allocation.
5. The approval of lead counsel's request for attorneys' fees.

Claim Submissions

Members of the Settlement Class who wish to benefit from the settlement must submit a Claim Form by July 2, 2026. Those who fail to submit a proper claim form will forfeit their eligibility for a payout but will still be subject to any court decisions regarding the case.

To obtain the Claim Form, individuals may contact the Claims Administrator at:
AdaptHealth Securities Litigation
Kroll Settlement Administration
P.O. Box 5090
New York, NY 10150-5090
Phone: (833) 754-8921
Email: [email protected]

Documentation can also be accessed and downloaded from the dedicated website: www.AdaptHealth2025SecuritiesLitigation.com.

Exclusion and Objection Processes

If you wish to opt-out from the settlement, a request must be postmarked no later than April 22, 2026. Excluding oneself from the settlement means being free from the judgment or orders made by the court, but it also precludes the chance to receive any settlement payment.

For objections to the settlement or the proposed plans, filings must also be submitted to the Court by April 22, 2026.

Final Thoughts

This proposed settlement represents a significant milestone for those affected by the AdaptHealth securities litigation. Stakeholders are encouraged to stay informed by reviewing all available materials and deadlines to ensure their rights are preserved throughout the process. Any inquiries should be directed to the Claims Administrator or legal counsel rather than the court. Further updates will follow as the hearing date approaches.