An investigation for investors in American Renal Associates Holdings Inc (NYSE:ARA) shares over potential securities laws violations by American Renal Associates Holdings Inc was announced and NYSE:ARA stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 08/30/2016 --American Renal Associates Holdings Inc is under investigation concerning possible securities laws violations. The investigation was announced on behalf of investors of American Renal Associates Holdings Inc (NYSE:ARA) shares in connection with certain statements made by American Renal Associates Holdings Inc.

Investors who purchased shares of American Renal Associates Holdings Inc (NYSE:ARA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether American Renal Associates Holdings Inc and certain of its officers and/or directors have engaged in Health Insurance Fraud and breached their fiduciary duties.

According to a complaint filed in the US District Court in Florida's Southern District by a health insurer, American Renal Associates Holdings Inc engaged in a "fraudulent and illegal scheme" to extract higher reimbursement payments by convincing patients to sign up for health insurance, rather than remaining on Medicare and Medicaid, while indirectly paying premiums for those same patients. The suit seeks unspecified damages and injunctive relief.

On August 18, 2016, the Centers for Medicare and Medicaid Services said it sent warning letters to all dialysis centers that participate in the federal Medicare program. The agency also said it is weighing financial penalties on providers who are found to have directed people eligible for Medicare into Affordable Care Act plans instead.

On August 29, 2016, NYSE:ARA shares closed at $22.01 per share.

Those who purchased shares of American Renal Associates Holdings Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com