Shareholders Say Assisted Living Hid Low Occupancy, Citations
By Kaitlin Ugolik ( August 30, 2012, 5:29 PM EDT) -- Senior housing company Assisted Living Concepts Inc. and its former CEO were hit in Wisconsin federal court Wednesday with a securities class action claiming they misled investors about their compliance with the terms of an eight-community acquisition and hid citations issued by state health regulators....
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