American Senior Communities

Former executives sued by ASC for 'looting' company

Former executives sued by ASC for 'looting' company

By

First, federal officials sought and received indictments of former top officers of American Senior Communities. Now, it's the company's turn to go after them.

American Senior Communities takes former CEO, execs, to court

American Senior Communities takes former CEO, execs, to court

By

American Senior Communities filed a lawsuit on Friday against several of its former executives and vendors, alleging they "systematically looted" the long-term care provider over the course of seven years.