Future of Some Senior Housing REITs Threatened by Regulation

Senior housing real estate investment trusts (REITs) associated with Griffin Capital, NorthStar Asset Management Group and other organizations could face dramatic new restrictions under a proposed Department of Labor rule, the fate of which could be decided in the near future. With time running out on the federal budget’s Friday deadline, some lawmakers have hinted they may […]

Ex-CEO Bebo Hammered Over ‘Fairy Tale,’ Faces $4.2 Million Penalty

Laurie Bebo, former CEO of Assisted Living Concepts Inc., has been ordered to pay $4.2 million in civil penalties for violating the Securities and Exchange Act by administrative law judge Cameron Elliot. The initial decision concludes a long-fought battle against Bebo after the Securities and Exchange Commission filed suit against her last year.  The decision also […]

Former Assisted Living Concepts CEO Files Suit … Again

In the latest drama in the ongoing story of former Assisted Living Concepts CEO Laurie Bebo, the fired executive has filed a lawsuit against the company for $900,000 in attorney fees and other expenses she incurred as a result of defending herself in a federal civil case and a lawsuit against the U.S. Securities and […]