Robbins Arroyo LLP: Shareholder Class Action Against DaVita Inc. Survives Motion To Dismiss (DVA)
Shareholder rights law firm
Robbins Arroyo LLP announces DaVita Inc. (NYSE: DVA) may face damages caused by a pending securities lawsuit action lawsuit.
DaVita Inc. provides kidney dialysis services.
View this press release on the firm's Shareholder Rights Blog:
https://www.robbinsarroyo.com/davita-inc-apr-19/
Shareholder Class Action Alleging DaVita Made Materially False and Misleading Statements Survives Motion to
Dismiss
Investors filed a class action complaint against DaVita for alleged violations of the Securities Exchange Act of 1934. According
to the complaint, DaVita may have been illegally obtaining revenues and profits by steering patients into unnecessary private
insurance plans and using the American Kidney Fund as a vehicle to facilitate its scheme. On March 28, 2019, U.S. District Court
Judge William J. Martinez denied DaVita's motion to dismiss plaintiffs' complaint, paving the way for litigation to proceed.
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,
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Attorney Advertising. Past results do not guarantee a similar outcome.
Leonid Kandinov
Robbins Arroyo LLP
600 B Street, Suite 1900
San Diego, CA 92101
LKandinov@robbinsarroyo.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsarroyo.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190401005945/en/