Investigation announced for Investors in shares of AdaptHealth Corp. (NASDAQ: AHCO) over potential Wrongdoing

An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of AdaptHealth Corp.

Investors who are current long term investors in AdaptHealth Corp. (NASDAQ: AHCO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: AHCO stocks follows a lawsuit filed against AdaptHealth Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: AHCO stocks, concerns whether certain AdaptHealth Corp. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of Pennsylvania the plaintiff alleges that AdaptHealth and certain of its senior executives orchestrated a scheme to overcharge CMS and other insurance providers by submitting improper billing codes for diabetes equipment, that to facilitate this scheme, AdaptHealth and certain of its senior executives made numerous false and misleading statements to investors between August 4, 2020 and February 27, 2023, and that as a result of these misrepresentations, AdaptHealth common stock traded at artificially inflated prices between August 4, 2020 and February 27, 2023.

Those who purchased shares of AdaptHealth Corp. (NASDAQ: AHCO) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.