Period: Aug 5, 2015 to Oct 21, 2016
Lead Plaintiff Deadline: Apr 3, 2017
Summary of Case:
A securities class action has been filed against DaVita Inc. (NYSE: DVA) on behalf of investors who purchased or otherwise acquired the common stock of the Company during the period between August 5, 2015 through October 21, 2016. This case has been filed in the USDC - Colorado.
The Complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company and its senior executives purposefully steered patients into unnecessary insurance plans in order to maximize profits; (2) the Company was using AKF as a vehicle to facilitate these improper practices; (3) as a result, DaVita's revenues and profits were illegally obtained; (4) in turn, DaVita lacked effective internal controls over financial reporting; and (5) as a result of the foregoing, Defendants' statements about DaVita's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.