AdaptHealth Corp. has resolved three major lawsuits in recent years: a $35 million securities class action approved in June 2026, an earlier securities settlement worth $51 million in cash plus one million shares approved in July 2024, and a $5.3 million federal False Claims Act settlement in April 2023 over Medicare and Medicaid billing for respiratory devices. Together, the AdaptHealth lawsuit settlements represent roughly $91 million in cash plus stock paid to resolve investor and government claims against the home medical equipment provider.
The 2026 $35 Million Securities Settlement
The most recent case, In re AdaptHealth Corp. Securities Litigation, was filed in October 2023 in the United States District Court for the Eastern District of Pennsylvania under docket number 2:23-cv-04104-MRP. Judge Mia Roberts Perez granted preliminary approval on February 2, 2026, and entered a Final Judgment and Order of Dismissal with Prejudice on June 10, 2026, after a hearing on May 13, 2026.1Bernstein Litowitz Berger & Grossmann LLP. AdaptHealth Corp. Securities Litigation
The $35 million fund was paid entirely from the company’s available insurance.2HME News. AdaptHealth Agrees to Resolve Lawsuit for $35M The class was represented by Bernstein Litowitz Berger & Grossmann LLP. The defendants denied all allegations of wrongdoing throughout the litigation, and the settlement resolves claims only, without any finding of liability.3ClaimDepot. AdaptHealth 2025 Securities Litigation Settlement
Who Qualifies and How to File a Claim
You may be eligible for a payment if you purchased or acquired AdaptHealth common stock between August 4, 2020, and November 7, 2023. Claims must be submitted online or postmarked by July 2, 2026.4AdaptHealth 2025 Securities Litigation. Frequently Asked Questions
The claims administrator is Kroll Settlement Administration. You can reach them at 1-833-754-8921 or by email at info@AdaptHealth2025SecuritiesLitigation.com. To file, you’ll need the last four digits of your Social Security or taxpayer identification number and transaction details for your purchases, sales, and holdings of AdaptHealth stock during and shortly after the class period. Broker confirmation slips or account statements are required as supporting documentation.3ClaimDepot. AdaptHealth 2025 Securities Litigation Settlement
What Investors Alleged
The complaint accused AdaptHealth and four senior executives — former CEO Luke McGee, President Joshua Parnes, former CEO Stephen P. Griggs, and CFO Jason A. Clemens — of making materially false and misleading statements between August 4, 2020, and November 7, 2023, artificially inflating the stock price on Nasdaq.5Stanford Law School Securities Class Action Clearinghouse. AdaptHealth Corp. Securities Litigation
The core allegation was “upcoding”: the company billed for continuous glucose monitors using higher-reimbursement codes instead of the appropriate ones, and then told investors that diabetes segment growth was driven by organic demand and referrals.6Kahn Swick & Foti LLC. AdaptHealth Corp. Class Action Complaint The amended complaint alleged that in Louisiana, 97% of reimbursement claims for diabetes supplies used incorrect billing codes. Employees at AdaptHealth’s subsidiary Pinnacle Medical Solutions reportedly altered doctor prescriptions and medical notes to satisfy documentation requirements, and up to half of shipments at that subsidiary allegedly went out without proper medical paperwork. The company was also accused of shipping unwanted equipment to patients who never requested it, then billing their insurance or auto-charging their credit cards.7Bernstein Litowitz Berger & Grossmann LLP. Amended Complaint Against AdaptHealth Corp.
Plaintiffs also alleged that acquisitions the company described as “fully integrated” had in fact gone months or years without integration work, and that management gutted compliance systems at acquired subsidiaries to push sales volume. In March 2022, AdaptHealth admitted to having materially ineffective internal controls across substantially all of its financial reporting processes. The company was simultaneously facing an investigation by the Louisiana Attorney General, Medicare suspension notices for improper billing, and a separate whistleblower complaint.7Bernstein Litowitz Berger & Grossmann LLP. Amended Complaint Against AdaptHealth Corp.
The 2024 $51 Million Securities Settlement
Before the current case, AdaptHealth resolved an earlier investor lawsuit, Delaware County Employees Retirement System et al. v. AdaptHealth Corp. f/k/a DFB Healthcare Acquisitions Corp., Case No. 21-cv-03382. That suit was filed in July 2021 in the same Eastern District of Pennsylvania court and covered a class period from November 8, 2019, through July 16, 2021, with substantially similar allegations about billing practices and investor disclosures.8U.S. Government Publishing Office. Delaware County Employees Retirement System v. AdaptHealth Corp.
The lead plaintiffs were the Delaware County Employees Retirement System and the Bucks County Employees’ Retirement System, with Robbins Geller Rudman & Dowd LLP as lead counsel and Kessler Topaz Meltzer & Check LLP as local counsel. The settlement totaled $51 million in cash plus one million shares of AdaptHealth stock valued at over $9.8 million. Judge Harvey Bartle granted final approval on July 10, 2024.9Bloomberg Tax. AdaptHealth Investors Win Approval of $51 Million Settlement That case is now closed; the class period does not overlap with the 2026 settlement.
The $5.3 Million False Claims Act Settlement
In April 2023, AdaptHealth paid $5.3 million to resolve federal False Claims Act allegations tied to billing between 2013 and 2017, when the company operated under its former names QMES and Tri-County Medical Equipment and Supply.10HHS Office of Inspector General. Plymouth Meeting, PA Company to Pay $5.3 Million to Resolve False Claims Act Allegations
The government alleged the company billed Medicare and Medicaid for non-invasive ventilators when patients had been prescribed and were using BiPAP machines, which reimburse at rates thousands of dollars lower per year. AdaptHealth was also accused of continuing to bill for ventilators after patients stopped using or needing them, and of double-billing for certain ventilator rentals.11HME News. AdaptHealth Resolves Alleged False Claims Violations
The case began as a whistleblower suit filed by Michael J. Kelly, a former QMES employee, under the qui tam provisions of the False Claims Act. Kelly received approximately $950,000 as his share of the recovery. The U.S. Attorney’s Office for the Eastern District of Pennsylvania handled the matter, and AdaptHealth maintained that the investigation concluded without findings of liability.11HME News. AdaptHealth Resolves Alleged False Claims Violations
Consumer Billing Complaints Are a Separate Matter
If your concern is a personal billing dispute rather than losses on AdaptHealth stock, none of the three settlements above will help you. A lawsuit filed in May 2025 alleged that AdaptHealth’s partner agencies in North Carolina engaged in unlawful debt collection practices affecting potentially hundreds of thousands of customers, including bills for devices that had been returned, late fees that were not owed, and deceptive threats of legal action in violation of federal debt collection statutes.12Carolina Law Blog. How to Handle Unfair Medical Debt Collection by Durable Medical Equipment Suppliers That case is separate from the investor and Medicare settlements and follows its own procedures.