American Dental Partners Lawsuit Settlement Reached

December 31st, 2007 Julie Frey Posted in Dental News, Legal |

Dentists Skip $130 Million Payout in Favor of Practice Ownership

A court recently awarded a group of Minnesota dentists a $130 million judgment against dental management group American Dental Partners. Rather than face years of costly appeals, both sides have reached an agreement whereby the dentists will be awarded ownership of 25 dental clinics, a deal valued at $115 million. (Read more)

Upon word of the deal, ADP’s stock jumped dramatically. The company’s stock had plunged when the initial verdict against the company was announced. (Read more)

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