Law360, New York ( January 13, 2015, 10:42 AM EST) -- On Dec. 3, 2014, the Division of Enforcement of the U.S. Securities and Exchange Commission brought an enforcement action against two former top executives of Assisted Living Concepts LLC, a large provider of senior living residences based in Wisconsin, alleging the executives had schemed to hide ALC's breach of a lease covering several of its more than 200 facilities.[1]...
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