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
rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding American Renal's
conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with
respect to any future matter. We welcome the opportunity to
discuss your particular case. All communications will be
treated in a confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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SOURCE Faruqi & Faruqi, LLP