American Renal Associates Holdings,Inc. (NYSE:ARA) Files An 8-K Other EventsItem 8.01. Other Events
On January 3, 2017, the Company received a subpoena from the U.S. Department of Justice (“DOJ”), dated December 30, 2016, requesting information relating to the Company’s interactions with the American Kidney Fund (“AKF”) and certain topics related to applicable healthcare laws for the period from January 1, 2013 through the present. As it has done with the other regulators who have expressed interest in such matters, the Company intends to fully cooperate in responding to this request.
No assurance can be given as to the timing or outcome of this matter, nor can any assurance be given as to whether this matter will affect the Company’s other relationships, or the Company’s business generally. In addition, we may in the future be subject to additional inquiries, litigation or other proceedings or actions, regulatory or otherwise, arising in relation to the matter described above and related litigation and investigative matters previously disclosed. An unfavorable outcome of any such inquiry, litigation or proceeding or action could have a material adverse effect on our business, financial condition and results of operations.