NEW YORK (Reuters) - Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications, with its second-largest investor planning to vote against the deal, three sources sources familiar with the firm's plans said. Glendon Capital Management, which owns nearly 10% of Frontier, believes Verizon's $38.50 per share offer is too low, the people...

(Reuters) -Insurer Blue Cross Blue Shield has agreed to pay $2.8 billion to resolve antitrust class action claims by hospital systems, physicians and other health providers alleging they were underpaid for reimbursements, the plaintiffs said in an Alabama federal court filing on Monday. The settlement is the largest ever for a healthcare antitrust case, they added. Blue Cross Blue Shield...

06:02 PM EDT, 10/14/2024 (MT Newswires) -- Helius Medical Technologies ( HSDT ) said Monday that it will challenge the Centers for Medicare & Medicaid Services' decision to finalize a $2,963.30 reimbursement for its portable neuromodulation stimulator mouthpiece, effective Jan. 1. The new reimbursement determination corrects Medicare's initial decision of monthly rental payments, Helius added. Medicare deferred its decision on...

Oct 14 (Reuters) - Law firm Boies Schiller Flexner is pushing back against litigation misconduct claims in a proposed class action against United Wholesale Mortgage, hoping to derail the home lending giant's bid to dismiss the case and recoup legal fees. The six-month-old lawsuit alleged that UWM conspired with brokers to force home buyers into expensive mortgages and pocketed billions...