2-DAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against American Renal Associates Holdings, Inc. and Reminds Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / October 29, 2016 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit against American Renal Associates Holdings, Inc. (“ARA” or the “Company”) (NYSE: ARA). Investors who purchased or otherwise acquired shares 1) pursuant and/or traceable to the Initial Public Offering (“IPO”) on or about April 21, 2016; and/or 2) on the open market between April 21, 2016 and August 18, 2016 (the “Class Period”), should contact the Firm by the October 31, 2016 lead plaintiff motion
deadline.

If you purchased shares of ARA during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that during the Class Period, ARA issued false and misleading statements to investors and/or failed to disclose that: ARA was engaged in a fraudulent scheme to steer patients away from Medicare and Medicaid plans they qualified for, into more expensive Affordable Care Act plans to obtain greater reimbursement for its dialysis services; the scheme was in violation of federal and state laws; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. When this news went public, ARA’s stock price decreased, thus causing investors harm.

If you wish to learn more about this lawsuit at no charge to you, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in certain jurisdictions.

Contacts:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474 
joon@khanglaw.com

SOURCE: Khang & Khang LLP 

ReleaseID: 447940