According to the lawsuit, defendants made false and/or misleading statements because:
- AdaptHealth misstated the Company’s true ability to generate organic growth in its diabetes segment;
- AdaptHealth engaged in improper upcoding and other illicit billing practices;
- that, as a result of the foregoing, certain of the defendants’ statements about the Company’s business, operations and prospects were materially misleading and/or lacked a reasonable basis.
Further, the lawsuit alleges the “SPO Offering Materials contained untrue statements of material fact, omitted material facts necessary to make the statements contained therein not misleading, and failed to make adequate disclosures required under the rules and regulations governing the preparation of such documents.”
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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