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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
07/21/201507:57:00DaVita HealthCare Partners Inc. Schedules 2nd Quarter 2015 Investor...
07/14/201505:17:00HealthCare Partners Earns Top Honors from Leading Coordinated...
07/08/201516:01:00John F. Rizzo Joins Universal Health Services, Inc. As Vice President...
07/02/201517:24:17Statement of Changes in Beneficial Ownership (4)
07/02/201517:23:26Statement of Changes in Beneficial Ownership (4)
07/02/201517:22:59Statement of Changes in Beneficial Ownership (4)
07/02/201517:22:34Statement of Changes in Beneficial Ownership (4)
07/02/201517:22:08Statement of Changes in Beneficial Ownership (4)
07/02/201517:21:40Statement of Changes in Beneficial Ownership (4)
07/02/201517:21:15Statement of Changes in Beneficial Ownership (4)
07/02/201517:21:15Statement of Changes in Beneficial Ownership (4)
07/02/201506:07:00DaVita Kidney Care Shares Kidney-Friendly Fourth of July Recipes...
07/01/201506:03:00DaVita HealthCare Partners Expands Presence in Lower Downtown...
06/30/201506:26:00DaVita HealthCare Partners Recognized as a Top Green Company...
06/29/201506:13:00Falcon Physician Honored As Gold Stevie® Award Winner In 2015...
06/26/201506:28:00DaVita Kidney Care Observes Men's Health Month
06/26/201505:32:00DaVita HealthCare Partners Celebrates Men's Health Month
06/25/201510:07:00DaVita Emergency Response Team Prepares Patients for Hurricane...
06/24/201508:00:18DaVita HealthCare Subpoenaed Over Medicare Coding
06/24/201506:08:59Current Report Filing (8-k)

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