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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
04/21/201504:00:00DaVita HealthCare Partners Inc. Announces Closing of its Cash...
04/17/201508:34:54Current Report Filing (8-k)
04/15/201517:21:17Current Report Filing (8-k)
04/15/201517:17:23Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/15/201506:24:00DaVita Kidney Care Receives ERE Recruiting Excellence Awards...
04/15/201506:03:28Current Report Filing (8-k)
04/14/201517:58:00DaVita HealthCare Partners Inc. Announces Upsizing and Pricing...
04/14/201517:06:31Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/14/201509:35:55Current Report Filing (8-k)
04/14/201509:21:27Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/14/201509:05:00DaVita HealthCare Partners Inc. Announces Offering of $1.25 Billion...
04/14/201509:05:00DaVita HealthCare Partners Inc. Commences Cash Tender Offer For...
04/14/201508:54:46Automatic Shelf Registration Statement of Securities of Well-known...
04/14/201508:37:29Current Report Filing (8-k)
04/14/201506:24:00DaVita HealthCare Partners Recognized as Top Workplace by The...
04/13/201508:30:00DaVita HealthCare Partners Inc. Schedules Capital Markets Day...
04/12/201500:31:46My Top Health Care Provider And Service Stocks For 2015
04/09/201500:08:12InsiderInsights.com Daily Round Up 4/8/15: SNTA, VNCE, AGCO...
04/08/201519:49:15Statement of Changes in Beneficial Ownership (4)
04/08/201506:09:39Current Report Filing (8-k)

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