INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of American Renal Associates Holdings, Inc. of a Class Action Law...
October 19 2016 - 12:35PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of American Renal Associates Holdings, Inc.
(NYSE:ARA) (“ARA” or “the Company”) (1) pursuant and/or
traceable to the Initial Public Offering on or about April 21,
2016; and/or (2) between April 21,
2016 and August 18, 2016. You are hereby notified
that a securities class action lawsuit has been commenced in the
USDC for the Southern District of New York. To get more information
go to:
http://www.zlk.com/pslra/american-renal
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period
defendants issued false and misleading statements to investors
and/or failed to disclose that: (1) ARA was engaged in a fraudulent
scheme to steer patients away from qualified-for Medicare and
Medicaid plans into more expensive Affordable Care Act plans to
obtain greater reimbursement for ARA’s dialysis services; (2) the
foregoing scheme was in violation of federal and state laws; and
(3) as a result, ARA’s public statements were materially false and
misleading at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.
If you suffered a loss in ARA you have until October 31, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation, and have recovered
hundreds of millions of dollars for aggrieved shareholders.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20161019006177/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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