From McKnight's:
The Securities and Exchange Commission has filed a fraud complaint against Sunwest Management Inc., which runs one of the largest chains of retirement homes in the country.
The Securities and Exchange Commission has filed a fraud complaint against Sunwest Management Inc., which runs one of the largest chains of retirement homes in the country.
In documents filed Monday in U.S. District Court in Eugene, the commission claims that Sunwest lied to investors about its operations, concealed risks from them and exposed them to massive losses when the recession triggered Sunwest's collapse...
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