Bankrupt Steward Health Care System LLC hit former insiders, including ex-CEO Ralph de la Torre, with a nearly $1.4 billion lawsuit alleging they 'pilfered' the healthcare network's assets for their own gain. The former executives 'through greed and bad faith misconduct' enriched themselves at the expense of Steward Health and creditors via a series of transactions in 2021 and 2022, Steward Health said in a suit filed Tuesday in the US Bankruptcy Court for the Southern District of Texas. 'These insiders pilfered Steward's assets for their own material gain, while leaving the Company and its hospitals perpetually undercapitalized and insolvent,' the suit said. 'Their misconduct ultimately led to Steward's collapse and the filing of these chapter 11 cases.'
In a social media landscape shaped by hashtags, algorithms, and viral posts, nurse leaders must decide: Will they let the narrative spiral, or can they adapt and join the conversation?
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