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DaVita Agrees to $55 Million Settlement

DaVita Inc. (DVA) agreed to pay roughly $55 million in a settlement of a lawsuit filed by an individual in 2002 related to the anemia drug Epogen. The dialysis-service provider said the agreement, which also includes the payment of attorneys fees, contains no findings of wrongdoing or admission of liability by the company. "DaVita and its affiliated physicians did nothing wrong and stand by their anemia management practices," the company said. In a previous SEC filing, the company identified the individual as Ivey Woodard and said it was served with a complaint under the qui tam provisions of the federal False Claims Act. DaVita also said the government investigated allegations raised by the individual; however, it chose not to file claims against DaVita. DaVita's shares closed at $97.62 on Monday and were inactive premarket. The stock is up 29% year-to-date. Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com

Stock News for Davita (DVA)
DateTimeHeadline
05/04/201617:20:20Quarterly Report (10-q)
05/04/201616:16:00Current Report Filing (8-k)
05/04/201616:01:00DaVita HealthCare Partners Inc. 1st Quarter 2016 Results
04/29/201606:58:18Amended Annual Report (10-k/a)
04/29/201606:39:45Proxy Statement - Notice of Shareholders Meeting (preliminary...
04/26/201618:17:00DaVita HealthCare Partners Inc. Schedules 2016 Capital Markets...
04/26/201618:14:00DaVita HealthCare Partners Inc. Schedules 1st Quarter 2016 Investor...
04/20/201615:44:31Statement of Changes in Beneficial Ownership (4)
04/12/201616:55:52Statement of Changes in Beneficial Ownership (4)
04/08/201610:03:00Mountain View Medical Group to Join DaVita HealthCare Partners
04/07/201606:13:00DaVita Kidney Care Releases Free Kidney-Friendly Cookbook
04/06/201606:09:12Current Report Filing (8-k)
04/04/201619:54:18Statement of Changes in Beneficial Ownership (4)
04/04/201619:53:22Statement of Changes in Beneficial Ownership (4)
04/04/201619:52:27Statement of Changes in Beneficial Ownership (4)
04/04/201619:51:46Statement of Changes in Beneficial Ownership (4)
04/04/201619:51:05Statement of Changes in Beneficial Ownership (4)
04/04/201619:50:38Statement of Changes in Beneficial Ownership (4)
04/04/201619:49:31Statement of Changes in Beneficial Ownership (4)
04/04/201619:49:02Statement of Changes in Beneficial Ownership (4)

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