Massachusetts Attorney General Andrea Joy Campbell. Credit: Massachusetts Attorney General's Office via Wikimedia Commons 225 Docket Entries in 7 Days in Case Where AGs Want Bankruptcy Investigated
"These investments have all the appearances of a Ponzi scheme that is continuing to harm Steward-owned hospitals," said U.S. Sens. Elizabeth Warren and Ed Markey.
May 13, 2024 at 03:27 PM
4 minute read
What You Need to Know
- Arizona's attorney general plans to investigate what made Steward Health Care System file bankruptcy in the Southern District of Texas.
- The Massachusetts attorney general has already filed motions to protect her state's interests.
- U.S. Sens. Elizabeth Warren and Ed Markey allege Steward and a global REIT used a Ponzi scheme to plunder the health system's equity.
Arizona Attorney General Kris Mayes announced her intent to open an investigation into circumstances leading up to Steward Health Care System's voluntary Chapter 11 bankruptcy filing in the Southern District of Texas.
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