Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

1

Closed

0

Total Settlement

$5.78M

American Renal Associates Holdings, Inc. (ARA) Class Action Lawsuit (March 2019)

Settlement

2:19cv9074 • March 28, 2019

Class Period Start

August 9, 2016

Class Period End

March 27, 2019

PSLRA Deadline

May 28, 2019

Case Allegations

10b5

Statutes of Repose

Aug 9, 2019

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

January 4, 2021

Settlement Fund

$5,775,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or acquired American Renal Associates Holdings, Inc. (“ARA” or the “Company”) common stock between August 10, 2016 and March 27, 2019, inclusive

Claim Administrator

Angeion Group
American Renal Assoc. Securities Litigation c/o Claims Administrator 1650 Arch Street, Suite 2210 Philadelphia, PA 19103
+1 844-559-0203
[email protected]

Hearing Date

January 12, 2021

Opt-out Deadline

December 8, 2020

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jan 12, 2021

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Sep 3, 2020

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Sep 3, 2020

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Jan 17, 2020

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Nov 11, 2019

First Amended Complaint

A new complaint has been filed on behalf of certain investors in American Renal Associates Holdings, Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

View all Updates

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