CLASS NOTICE: On June 6, 2022 a Second Distribution was conducted by the Claims Administrator to eligible claimants.

An initial distribution was conducted on April 6, 2021. Subsequent distributions will occur on a rolling basis.

If you submitted a Claim in this case and have any questions related to that Claim, please contact the Claims Administrator whose contact information is listed on the Contact Us page.

The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

Court-appointed Lead Plaintiffs, Alameda County Employees’ Retirement Association (“ACERA”) and Arkansas Teacher Retirement System (“ATRS” and together with ACERA, “Lead Plaintiffs”)and additional named plaintiff Miami Fire Fighters’ Relief and Pension Fund (“Miami” and together with Lead Plaintiffs, “Plaintiffs”), on behalf of themselves and the Class, have reached a settlement of the Action for $44 million in cash that resolves all claims in the Action (“Settlement”).

Following a hearing on May 20, 2020, the Court approved the Settlement.  On May 20, 2020, the Court entered a Judgment approving the Settlement, an order approving the proposed Plan of Allocation, and an order awarding attorneys’ fees and litigation expenses.

If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement, unless you timely requested to be excluded.  The Settlement Class consists of:

all persons and entities who purchased or otherwise acquired Adeptus Health Inc. ("Adeptus") Class A common stock during the period from June 25, 2014, through March 1, 2017, inclusive (the “Class Period”).

Included in the Settlement Class are all persons and entities who purchased shares of Adeptus Class A common stock on the open market and/or pursuant or traceable to the July 29, 2015 and June 8, 2016 Offerings during the Class Period.  The Settlement Class includes a subclass of all persons who purchased Adeptus Class A common stock contemporaneously with sales of Adeptus securities made or caused by Defendants Hall, Fielding, Cherrington, and the Sterling Defendants in connection with Adeptus's July 2015 and June 2016 secondary public offerings of Adeptus Class A common stock, and were damaged thereby (the "20A Sub-Class"). Excluded from the Class by definition are certain persons and entities (see paragraph 26 of the Notice) or those who requested exclusion pursuant to the instructions set forth in the Notice (see paragraphs 53 to 58 of the Notice).

Please read the Notice to fully understand your rights and options. Copies of the Notice can be found in the menu on the left of this page.

Please read the Notice carefully.  If you have questions, you may call the Adeptus Health Securities Litigation Help Line at 866-778-9468 or email info@AdeptusHealthSecuritiesLitigation.com.