NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against AdaptHealth Corp. (NASDAQ:AHCO) on behalf of long-term stockholders following a class action complaint that was filed against AdaptHealth on October 24, 2023 with a Class Period from August 4, 2020 to February 27, 2023; and/or (ii) traceable to the Company's secondary public offering conducted on or around January 5, 2021 (the "SPO"). Our investigation concerns whether the board of directors of AdaptHealth have breached their fiduciary duties to the company.
AdaptHealth is a supplier of home medical equipment for chronic health conditions including diabetes, sleep apnea, and wound care. AdaptHealth sells medical devices directly to patients, and then bills patients' insurance providers, including the Centers for Medicare and Medicaid Services ("CMS").
The complaint alleges that, throughout ...