DocGo’s $12.5 Million Investor Accord Gets First Court Nod (1)

DocGo Inc. and its former CEO earned a court’s initial blessing for a $12.5 million agreement to resolve allegations they knowingly misled investors about the executive’s educational background and the company’s growth.

In an order docketed Wednesday, Judge Katherine Polk Failla of the US District Court for the Southern District of New York preliminarily approved the defendants’ settlement with a class of investors who bought DocGo stock from Nov. 5, 2021, through Sept. 15, 2023. Failla earlier this year partially denied these defendants’ bid to dismiss the suit, which alleges Anthony Capone knowingly lied about his educational background and that ...