Court grants TRO, delaying Teufel’s start date
By HME News Staff
Updated 8:52 AM CDT, Wed August 30, 2023
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PLYMOUTH MEETING, Pa. – Crispin Teufel won't take the reins as AdaptHealth’s new CEO until at least October amid efforts by his former employer to block the move, according to online news reports.
In a filing with the U.S. Securities and Exchange Commission, AdaptHealth said a U.S. District Court issued a temporary restraining order preventing Teufel from starting his employment with AdaptHealth until Oct. 15.
Lincare filed a lawsuit in Connecticut district court against Teufel, who was slated to begin his new role Sept. 1, for breach of contract, breach of duty of loyalty and misappropriation of trade secrets.
Richard Barasch, who stepped in as interim CEO on July 1 after the departure of Stephen Griggs, has agreed to remain in the role until Oct. 31.
AdaptHealth is not named in the lawsuit.
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