U.S. — Health Diagnostic Laboratory Executives Accused of Fraud

From the Nasdaq news article:

Executives who ran Health Diagnostic Laboratory Inc., a bankrupt Virginia blood-testing lab that health regulators accused of paying kickbacks to doctors, have been sued for allegedly carrying out illegal business practices that plaintiffs say caused the company more than $600 million in damages.

Health Diagnostic Laboratory’s top leaders “continuously violated the law” and paid themselves millions through “self- dealing and improper transactions” that prompted the company to file for bankruptcy in June 2015, according to the lawsuit filed in U.S. Bankruptcy Court in Richmond, Va…

Read more at the link:
ccchttp://www.nasdaq.com/article/health-diagnostic-laboratory-executives-accused-of-fraud-20160922-00759

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