Federal Judge Tosses Senior Living Shareholder Derivative Suit Due To Errors

( January 25, 2024, 2:27 PM EST) -- NASHVILLE, Tenn. — A federal judge in Tennessee dismissed a shareholder derivative complaint brought against a company that oversees senior living facilities alleging issues with the quality of service and misstatements made to the public about the services, finding that the shareholders’ theory of the case is contradicted by the documents they rely on....