Federal Judge Denies Motion to Dismiss as Moot in Securities Fraud Case Against AdaptHealth Corp.

Federal Judge Denies Motion to Dismiss as Moot in Securities Fraud Case Against AdaptHealth Corp.

Joseph Levi Joseph Levi
2 minute read

Caption: In re AdaptHealth Corp. Securities Litigation.
Case No.: 2:23-cv-04104-MRP
Jurisdiction: U.S. District Court, Eastern District of Pennsylvania
Judge: Hon. Mia R. Perez

Summary

On January 13, 2026, Judge Mia R. Perez denied defendants’ motion to dismiss in the securities class action against AdaptHealth Corp. The Court denied the motion as moot because the parties have entered into a proposed settlement agreement that is pending court approval. The denial was entered without prejudice.

Allegations Against AdaptHealth Corp.

The Court’s order does not describe the substance of plaintiffs’ allegations. It addresses only the procedural posture of the pending motion to dismiss.

Defendants’ Motion to Dismiss

Defendants filed a motion to dismiss the securities litigation. The parties later advised the Court that they had conferred and agreed the motion could be denied in light of a proposed settlement.

Plaintiffs’ Opposition

The order does not summarize plaintiffs’ opposition arguments. It notes only the parties’ joint position that the motion should be denied as moot.

Court’s Ruling

The Court denied the motion to dismiss as moot based on the parties’ settlement agreement. The denial was without prejudice.

Court’s Rationale

The Court held that the existence of a proposed settlement pending court approval rendered the motion to dismiss moot.

Case Status

The motion to dismiss has been denied without prejudice. The case remains pending in connection with court consideration of the proposed settlement.

Author 

Joseph Levi is a Managing Partner renowned for his expertise in securities litigation, specifically protecting shareholder rights in securities fraud cases. With extensive courtroom experience, he has secured notable victories, including a $35 million settlement for Occam Networks shareholders and significant relief in fiduciary litigation involving Health Grades. Additionally, Mr. Levi has effectively represented patent holders in high-stakes litigation across technology sectors, including software and communications, achieving substantial settlements and awards. 

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