AMERICAN RENAL NOTIFICATION: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In American Renal Associates Holdings, Inc. To Contact The Firm

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Jan 09, 2017, 04:42 ET

NEW YORK, Jan. 9, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at American Renal Associates Holdings, Inc. ("American Renal" or the "Company") (NYSE:ARA).

The investigation focuses on whether the Company and its executives violated federal securities laws by engaging in potentially fraudulent billing practices in order to boost profits.

Specifically, on January 3, 2017, the Company received a subpoena from U.S. Department of Justice, dated December 30, 2016, requesting information relating to: (1) topics related to applicable healthcare laws for period from January 1, 2013 through the present; (2) the Company's interactions with the American Kidney Fund. The American Kidney Fund has come under accusations of steering patients away from Medicare and Medicaid programs into higher paying Affordable Care Act programs.

Request more information now by clicking here: www.faruqilaw.com/ARA. There is no cost or obligation to you.

Take Action

If you invested in American Renal stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/ARA. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding American Renal's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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FARUQI & FARUQI, LLP
685 Third Avenue, 26^th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP