Robbins Arroyo LLP Is Investigating the Officers and Directors of DaVita Inc. (DVA) on Behalf of Shareholders
SAN DIEGO & DENVER--(BUSINESS WIRE)--Oct 8, 2018--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of DaVita Inc. (NYSE: DVA) breached their fiduciary duties to shareholders. DaVita Inc. provides kidney dialysis services.
View this press release on the firm’s Shareholder Rights Blog: https://www.robbinsarroyo.com/
DaVita Medical Holdings to Pay Massive $270 Million Settlement for Cheating Medicare
On October 1, 2018, the U.S. Department of Justice announced that DaVita Medical Holdings agreed to pay $270 million to resolve allegations of Medicare billing fraud. The settlement follows purported inaccurate coding practices by HealthCare Partners, one of DaVita’s physician networks. HealthCare Partners allegedly advised its doctors to use an improper diagnosis code for a spinal condition that boosted Medicare reimbursements. The settlement also resolves allegations by a whistleblower that HealthCare Partners searched its patients’ medical records for diagnoses its providers may have failed to record, and then submitted these “missed” diagnoses in order to obtain increased Medicare payments.
DaVita Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm’s website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Sign up for our FREE portfolio monitoring service, Stock Watch.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005699/en/
CONTACT: Robbins Arroyo LLP
(619) 525-3990 or Toll Free (800) 350-6003
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Robbins Arroyo LLP
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PUB: 10/08/2018 01:28 PM/DISC: 10/08/2018 01:28 PM