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Showing posts with the label PROSPECT MEDICAL & STEWARD BANKRUPTCIES

“A Slap in the Face”: Trump’s DOJ Plans to Settle Predatory Lending Case Without Compensating Victims

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  April 09, 2026 ·  “A Slap in the Face”: Trump’s DOJ Plans to Settle Predatory Lending Case Without Compensating Victims The Biden administration sued a Texas land developer accused of duping tens of thousands of Hispanic residents. Trump’s DOJ is now offering an unprecedented settlement that experts say could target the very people who were harmed by the developer. Read story   More From Our Newsroom   They Needed Treatment for Drug Addiction. The Company They Turned to May Have Used Them to Commit Fraud.          WORTH READING IN ITS ENTIRETY! For-Profit Hospital Chain Never Put Aside Money for Malpractice Insurance to Compensate Injured Patients excerpt:  The collapse of Prospect Medical, a for-profit hospital chain plundered by private equity and the company’s management, has generated a painful litany of woes. Amid a debt-fueled acquisition spree that saw the small California company grow to 17 hospitals in six states, Prospect was repeatedl...