RCT FILES SUIT SEEKING OVER $50 MILLION IN DAMAGES FROM FORMER OFFICERS OF FIRST CHOICE ER, LLC ON BEHALF OF THE ADEPTUS LITIGATION TRUST
On May 17, 2019, RCT filed suit in U.S. District Court for the Eastern District of Texas against former officers of First Choice ER, LLC (“FCER”) on behalf of the Adeptus Litigation Trust. The suit alleges breach of fiduciary duty claims against former officers of FCER. The claims arise out of the officers’ alleged gross negligence and bad faith in causing FCER to advance over $100 million to backstop losses of joint venture entities, despite the lack of any obligation to cover those losses.
Read complaint here.
Prior results do not guarantee a similar outcome.