American Renal Associates Holdings, Inc. (NYSE: ARA)

DEFENDANT NAME: American Renal Associates Holdings, Inc.
STOCK SYMBOL: NYSE: ARA
CASE NUMBER:
CASE NAME:
COURT: U.S. District Court for the District of New Jersey
PRACTICE AREA: Investor Fraud
STATUS: Investigation
CLASS PERIOD: Aug. 10, 2016 and Mar. 27, 2019
LEAD PLAINTIFF DEADLINE: May 28, 2019
DATE FILED:
COURT LOCATION:
RELATED DOCUMENTS:
CONTACT:
510-725-3000 ARA@hbsslaw.com

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Hagens Berman Sobol Shapiro LLP reminds investors in American Renal Associates Holdings, Inc. (NYSE: ARA) of the May 28, 2019 Lead Plaintiff deadline in the securities class action pending in the United States District Court for the District of New Jersey.

If you purchased or otherwise acquired securities of ARA between August 10, 2016 and March 27, 2019 and suffered losses contact Hagens Berman Sobol Shapiro LLP.  For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing ARA@hbsslaw.com.

According to the complaint, Defendants misled investors about American Renal’s accounting for revenues until, on March 27, 2019, they announced investors should not rely on certain of the Company’s previously issued annual and interim financial statements.

“We’re focused on investors’ losses, the admitted improper revenue accounting that might have been intentional, and the extent to which investors may have been misled,” said Hagens Berman partner Reed Kathrein.


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03/28/19: Investigation