Bruce lunsford vencor fraude
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A class-action lawsuit filed in federal court accuses Ventas Inc. and several individuals, including chairman Bruce Lunsford, of fraud.
Bruce lunsford vencor fraude
Analysts said the crux of the problems at Vencor, - - - was the refusal of a co-founder, W. Bruce Lunsford, to reduce the rents the company pays.
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Many shareholders believe that the splitting of the company in was illegally done and that Vencor shareholders were defrauded as a result.
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More than two years later Bruce Lunsford, Vencor's chief executive, would tell a conference of analysts that the company had been both naive and arrogant upon its entry into the nursing .