PointClickCare prepares to go public
PointClickCare has filed a registration statement with the Securities and Exchange Commission and preliminary prospectus with regulatory authorities in Canada.
Securities And Exchange Commission
Broker admits using nursing home residents as pawns in annuities scheme, agrees to $850,000 settlement
The mastermind of a financial fraud that victimized nursing home residents has admitted wrongdoing and will pay $850,000 in a settlement, the Securities and Exchange Commission announced Thursday.
Hospitalist company with long-term care presence faces federal charges of upcoding
A hospitalist company that works with thousands of post-acute care facilities is officially facing federal charges that its clinicians routinely overbilled Medicare and Medicaid, authorities announced Tuesday.
Supreme Court to hear case sparked by Omnicare deals
A recent $4 million legal settlement over kickbacks for anemia drug Aranesp is small change compared to other recent deals Omnicare has made with federal authorities. News of these payouts hasn’t escaped long-term care pharmacy investors, some of whom filed their own charges against the pharmacy provider, launching a case that is now set to be heard by the U.S. Supreme Court.
Brokers stole dying nursing home residents’ identities to carry out a lucrative fraud, SEC charges
Two investment brokers and their associates are facing charges that they stole nursing home residents’ personal information to perpetrate annuities fraud, the U.S. Securities and Exchange Commission announced Thursday. A $4.5 million settlement has been reached with some of the parties.
Sunrise reaches settlement with SEC, no civil penalties imposed
Sunrise Senior Living Inc., which has been under investigation for problematic accounting practices, has reached a settlement with the Securities and Exchange Commission.
