Tenet Healthcare Corp. v. Community Health Systems, Inc et al

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Case overview

Case Number:

3:11-cv-00732

Court:

Texas Northern

Nature of Suit:

Securities/Commodities

Judge:

Barbara M.G. Lynn

Firms

Companies

Sectors & Industries:

  1. March 21, 2012

    Community Health Escapes Tenet Medicare Billing Suit

    A Texas federal judge on Wednesday tossed Tenet Healthcare Corp.'s suit seeking to recover costs it incurred investigating proxy statements that revealed a Medicare billing scheme at Community Health Systems Inc. as part of its failed $4 billion takeover bid, finding Tenet lacked standing to sue under federal proxy rules.

  2. April 28, 2011

    CHS Rebuts Tenet Medicare Fraud Claims

    Fending off a Medicare fraud suit in Texas brought by takeover target Tenet Healthcare Corp., Tennessee-based Community Health Systems Inc. sought to reassure investors by filing evidence Thursday supporting its case with the U.S. Securities and Exchange Commission.

  3. April 18, 2011

    CHS Moves To All-Cash Bid In Tenet Merger Battle

    With its stock battered by rival hospital operator Tenet Healthcare Inc.'s securities fraud lawsuit accusing it of overbilling Medicare, Tennessee-based Community Health Systems Inc. said Monday it would switch to a $3.3 billion all-cash offer for its unwilling merger target.

  4. April 11, 2011

    Tenet Lobs Fraud Suit At Hostile Suitor CHS

    Community Health Systems Inc.'s hostile bid for Tenet Healthcare Corp. got uglier Monday when the targeted hospital operator filed a securities fraud suit in Texas claiming its suitor routinely overbills Medicare to boost earnings.

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