On August 31, 2017, Chief Judge Brian A. Jackson of the United States District Court for the Middle District of Louisiana issued an Order preliminarily approving the $43.75 million securities fraud settlement in Bach v. Amedisys, Inc. The parties reached the settlement after seven years of litigation. The settlement is on behalf of a Class of all persons and entities who or which purchased the publicly traded common stock of Amedisys during the period from August 2, 2005 through September 30, 2011, inclusive and were damaged thereby.
To participate in the settlement, Claim Forms must be postmarked on or before January 16, 2018. Class Members who wish to exclude themselves from the settlement or object to all or part of the settlement must do so on or before November 22, 2017. Judge Jackson has scheduled a hearing to consider final approval of the settlement on December 13, 2017 at 11:00 a.m. at the United States District Court for the Middle District of Louisiana, United States Court House, Courtroom 2, 777 Florida Street, Baton Rouge, LA 70801.
Copies of the Preliminary Approval Order, Settlement Notice, Claim Form, and other important documents and information concerning the settlement, filing a claim, objecting or opting out of the settlement, and the final approval hearing can be accessed through the settlement website at www.amedisyssecuritieslitigation.com/.