Settlement finalized in AOA class action lawsuit

A New Jersey federal court judge has finalized the settlement agreement in the class action suit against AOA brought by four of its members.

The settlement limits AOA’s actual costs to $2,617,000, which will be paid by its insurance carrier.

That amount covers the fees and costs of the plaintiffs’ attorneys, Philadelphia-based Duane Morris, LLP.  Under the terms of the settlement, the four original plaintiffs—Albert Talone, DO, Craig Wax, DO, Richard Renza, DO, and Roy Stoller, DO—will each receive $15,000 to be paid from Duane Morris’s fees.

There is no other monetary settlement in the case.

The Board of Trustees approved the settlement agreement in July.

For further reading:

AOA settles class-action lawsuit