GlobeNewswire Inc | Apr 14, 2021 10:21PM EDT

April 15, 2021

NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of AdaptHealth Corporation (AdaptHealth or the Company) (NASDAQ: AHCO). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether AdaptHealth and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On April 13, 2021, AdaptHealth issued a press release stating that the Company has learned that authorities inDenmarkhave formally charged Co-Chief Executive OfficerLuke McGeewith alleged tax fraud arising from certain past private activity. The alleged personal conduct occurred between March 2014 and August 2015 and had no connection to AdaptHealths business. AdaptHealth further stated that it has placedMr. McGeeon unpaid leave from his roles as Co-CEO and a Director of the Company while this matter is pending.

On this news, AdaptHealths stock price fell $7.69 or 19.74%, to close at $29.69 on April 13, 2021.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com888-476-6529 ext. 7980