Shareholders Foundation, Inc.

NYSE:DVA Long Term Investor Alert: Investigation of Potential Wrongdoing at Davita Inc

An investigation on behalf of current long term investors in Davita Inc (NYSE:DVA) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:DVA stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 06/21/2017 -- An investigation was announced for long-term investors in shares of Davita Inc (NYSE:DVA) concerning potential breaches of fiduciary duties by certain directors and officers of Davita.

Investors who are current long term investors in Davita Inc (NYSE:DVA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for current long term investors in NYSE:DVA stocks follows a lawsuit filed recently against Davita Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:DVA stocks, concerns whether certain Davita directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the the District of Colorado the plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 5, 2015 and October 21, 2016, the defendants made false and/or misleading statements and/or failed to disclose that the Company and its senior executives purposefully steered patients into unnecessary insurance plans in order to maximize profits, that the Company was using American Kidney Fund as a vehicle to facilitate these improper practices, that as a result, DaVita's revenues and profits were illegally obtained, that in turn, DaVita lacked effective internal controls over financial reporting, and that 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.

Those who purchased shares of Davita Inc (NYSE:DVA) 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