EVHC.US
id: 836
Envision Healthcare (EVHC) $177.5M Shareholder Settlement
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
M.D. Tennessee
Court3:17-cv-01112
Case number03 Feb 2014
Class period Start31 Oct 2017
Class period End08 Apr 2024
Claim deadlineEnvision 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