Robbins Arroyo LLP Is Investigating the Officers and Directors of Tenet Healthcare Corporation (THC) on Behalf of Shareholders
October 06 2016 - 4:58PM
Business Wire
Shareholder rights law firm Robbins Arroyo LLP is investigating
whether certain officers and directors of Tenet Healthcare
Corporation (NYSE: THC) violated the Anti-Kickback Statute in
connection with a conspiracy to defraud the federal government.
Tenet, together with its subsidiaries, primarily operates acute
care hospitals and related healthcare facilities.
View this press release on the law firm's Shareholder Rights
Blog:
www.robbinsarroyo.com/shareholders-rights-blog/tenet-healthcare-corporation
Tenet to Pay $513 Million Over Kickbacks
Tenet and two of its Atlanta subsidiaries recently agreed to pay
$513 million to resolve claims accusing the chain of paying
kickbacks to direct pregnant Medicaid patients to their hospitals.
Under the pleas, the subsidiaries will forfeit $145 million, which
is the amount the hospitals gained from Medicaid and Medicare
funds. The hospital chain allegedly signed sham contracts for
interpreter services with clinics that serve Hispanic women, and in
exchange, the clinics sent pregnant customers to Tenet hospitals
for deliveries that were billed to Medicaid from 2000 to 2013. The
referrals caused the pregnant women to bypass other hospitals and
travel farther during vulnerable times. Tenet also agreed to pay
$368 million to settle alleged False Claims Act violations, with
the United States receiving $244 million and the State of Georgia
receiving most of the remainder.
Tenet Shareholders Have Legal Options
Concerned shareholders who would like more information about
their rights and potential remedies can contact attorney Darnell R.
Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the
shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in
shareholder rights law. The firm represents individual and
institutional investors in shareholder derivative and securities
class action lawsuits, and has helped its clients realize more than
$1 billion of value for themselves and the companies in which they
have invested.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20161006006464/en/
Robbins Arroyo LLPDarnell R. Donahue(619) 525-3990 or Toll Free
(800) 350-6003DDonahue@robbinsarroyo.comwww.robbinsarroyo.com
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