Amedisys Hit With ERISA Suit Over Medicare Issues

Law360, New York (October 25, 2010, 3:46 PM EDT) -- A former Amedisys Inc. worker has filed a putative class action accusing the home health care provider of violating federal law by investing a pension plan in its own stock amid growing scrutiny of the company's Medicare billing practices.

In a suit filed in the U.S. District Court for the Middle District of Louisiana on Friday, the ex-worker and pension plan participant claimed Amedisys and its officers, directors and committee members mismanaged the plan’s investments in the company, which is facing a probe from the U.S....
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