A federal judge has greenlit a settlement awarding more than $51 million to shareholders in a securities action against a home medical equipment company.
U.S. District Senior Judge Harvey Bartle III of the Eastern District of Pennsylvania on Wednesday granted final approval to the resolution in a putative class action accusing AdaptHealth Corp. of misleading investors. The settlement includes $12.7 million in attorney fees for the plaintiffs’ lead counsel at Robbins Geller Rudman & Dowd.
