July 15, 2021
The law firms that represented investors in a case against health care company DaVita Inc. were awarded $40.5 million Thursday for their work on a $135 million class-action settlement of claims that shareholders were hurt when it was revealed that the company pressured patients to enroll in high-cost, private insurance plans.
April 15, 2021
Dialysis services provider DaVita Inc. and its investors got final approval on Tuesday for a $135 million settlement over claims that the company pressured patients to enroll in private insurance plans, though a Colorado federal judge has yet to rule on the class counsel's request for 30% of the settlement fund.
September 18, 2020
Investors in dialysis services provider DaVita Inc. said they'd brokered a $135 million settlement with the company, which, if approved, would end claims DaVita hurt investors by pressuring patients to enroll in private insurance plans.
March 29, 2019
Dialysis services provider DaVita Inc. must face a putative investor class action accusing it of making false statements about its financial performance and ties to a major nonprofit, according to a Colorado federal judge who rejected its dismissal bid Thursday.
February 07, 2017
DaVita Inc., which provides dialysis services across the U.S., improperly inflated its stock price by obscuring the fact that it was purposefully steering patients into unnecessary health insurance plans in order to reap larger reimbursements, a law enforcement officers' pension fund recently told a Colorado federal court.