Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of American Renal Associates
Holdings, Inc. Investors and Encourages Investors to Contact the Firm
Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of
investors who purchased or otherwise acquired American Renal Associates Holdings, Inc. (“American Renal” or the “Company”) (NYSE:
ARA) securities (1) pursuant and/or traceable to American Renal’s false and misleading Registration Statement
and Prospectus issued in connection with the Company’s initial public offering on or about April 21, 2016 (the “IPO” or the
“Offering”); and/or (2) on the open market between April 21, 2016 and August 18, 2016, both dates inclusive (the “Class
Period”).
Investors suffering losses on their American Renal investments are encouraged to contact Lesley Portnoy of GPM to discuss their
legal rights in this class action at 310-201-9150 or by email to shareholders@glancylaw.com.
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements or failed to disclose
that: (i) American Renal was engaged in a fraudulent scheme to steer patients away from qualified-for Medicare and Medicaid plans
into more expensive Affordable Care Act (“ACA”) plans to obtain greater reimbursement for the Company’s dialysis services; (ii) the
foregoing scheme was in violation of federal and state laws; and (iii) as a result of the foregoing, American Renal’s public
statements were materially false and misleading at all relevant times.
If you purchased shares of American Renal during the Class Period you may move the Court no later than October 31,
2016 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class
you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of
the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite
2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://glancylaw.com. If you inquire by email please include your mailing address, telephone number and number
of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
https://www.glancylaw.com
shareholders@glancylaw.com
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