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EVHC.US
id: 836

Envision Healthcare (EVHC) $177.5M Shareholder Settlement

M.D. Tennessee
Court
3:17-cv-01112
Case number
03 Feb 2014
Class period Start
31 Oct 2017
Class period End
08 Apr 2024
Claim deadline
Envision Healthcare (EVHC) agreed to settle $177.5M with investors to end litigation over concealing EmCare's practice of using out-of-network physicians for in-network patients to reach higher billing.

Who is eligible to get a payout?

All persons who purchased or otherwise acquired Envision common stock during the period from February 3, 2014, through and including October 31, 2017, inclusive, including $EVHC common stock purchased or otherwise acquired in or traceable to the December 1, 2016 merger between AmSurg Corp. and Envision Healthcare Holdings, Inc., and were damaged thereby.

Do you need to sell your securities to be eligible?

No, if you have purchased them within the class period, you are eligible to participate.

How long does the payout process take?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.8
Filing date
04 August 2017
Plaintiffs
Laborers Pension Trust Fund for Northern California, LIUNA National Pension Fund and LIUNA Staff & Affiliates Pension Fund, Central Laborers’ Pension Fund and United Food,Commercial Workers Union Local 655 Food Employers Joint Pension Fund
Attorneys
Robbins Geller Rudman & Dowd LLP
Defendants
William A. Sanger, Randel G. Owen, Craig A. Wilson, Todd G. Zimmerman, Carol J. Burt, Mark V. Mactas, Leonard M. Riggs, Jr., Richard J. Schnall, James D. Shelton, Michael L. Smith, Ronald A. Williams, Christopher A. Holden, Claire M. Gulmi, Kevin D. Eastridge, Thomas G. Cigarran, James A. Deal, John T. Gawaluck, Steven I. Geringer and his substituted personal representative/executor, Linda Geringer, Henry D. Herr, Joey A. Jacobs and his personal representative/executor, Deborah Jacobs, Kevin P. Lavender, Cynthia S. Miller and John W. Popp, Jr.
Judge
Hon. William L. Campbell, Jr.
Administrator
Gilardi & Co LLC
Settlement agreement date
2023-09-22
Trades matching type
FIFO
+$177,500,000
Cash Settlement Amount

Envision Healthcare

Envision Healthcare Corporation, through its subsidiaries, provides various healthcare services in the United States. The company operates through two segments, Physician Services and Ambulatory Se...

    Ticker
    EVHC.US
    ISIN
    US03232P4054
    CIK
    1344154
    Sector
    Other
    Industry
    Other
    Country
    USA
    Address
    1A Burton Hills Boulevard 37215,Nashville,USA