Bronstein, Gewirtz & Grossman, LLC Announces Investigation of American Renal Associates Holdings, Inc. (ARA)
NEW YORK, NY / ACCESSWIRE / March 11, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Renal Associates Holdings, Inc. (''American Renal'' or the ''Company'') (ARA). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ara.
The investigation concerns whether American Renal and certain of its officers and/or directors have violated federal securities laws.
On March 8, 2019, American Renal revealed that it would delay filing its earnings report for the fiscal year ended December 31, 2018 and said that it is continuing to examine reserve computations and other accounting practices that may impact its accounts receivable and revenue for fiscal year 2018, and its previously reported fiscal years ranging from 2014 through 2017. During October 2018, the Securities and Exchange Commission's (''SEC'') requested documents relating to the Company's revenue recognition, collections, and other related matters. Following this news, American Renal stock dropped $2.05 per share, or over 16%, to close at $10.46 on March 8, 2019.
If you are aware of any facts relating to this investigation, or purchased American Renalshares,you can assist this investigation by visiting the firm's site: www.bgandg.com/ara. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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