NEW YORK, July 28, 2016 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of American Renal Associates Holdings, Inc.
("ARA" or the "Company") (NYSE: ARA), concerning whether the board
has breached its fiduciary duties to shareholders.
In July, UnitedHealth Group, Inc. ("UnitedHealth") sued ARA in
the U.S. District Court for the Southern District of Florida, C.A. No. 9:16-cv-81180-KAM. In
the complaint, UnitedHealth alleges that ARA engaged in a
fraudulent scheme to obtain larger payments from UnitedHealth than
were really due.
Our investigation concerns whether the Company board of
directors has breached its fiduciary duties to shareholders,
grossly mismanaged the Company, and/or committed abuses of control
in connection with the foregoing.
If you own ARA and wish to discuss this matter with us, or have
any questions concerning your rights and interests with regard to
this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
The law firm responsible for this advertisement is Harwood
Feffer LLP (www.hfesq.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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SOURCE Harwood Feffer LLP