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Genesis HealthCare Accused of Avoiding Legal Settlements
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Genesis HealthCare, once the nations largest nursing home chain, faces accusations of exploiting bankruptcy to evade millions in legal settlements. With nearly one thousand lawsuits totaling over two hundred and fifty million dollars, many families of alleged victims are left empty-handed. Despite settlements, Genesis has failed to pay millions, including a three point five million dollar settlement for Nancy Hunt and six hundred and fifty thousand dollars for Nellie Betancourts family. Genesiss planned asset sale to a private equity firm has raised concerns, potentially leaving families with no compensation. This situation underscores the potential for healthcare companies to exploit legal loopholes to avoid accountability for alleged negligence, causing further pain and frustration for families seeking justice.
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