Legal Matters

Settlement finalized in AOA class action lawsuit

The window for appeal has closed, ending the case with a settlement reached in July.

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.

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AOA settles class-action lawsuit

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