SHERMAN, Texas, May 9, 2016 /PRNewswire/ -- Attorneys with the Dallas-based litigation firm Aldous \ Walker have secured a confidential settlement in a lawsuit against Texas Health Resources (THR) and LHP Hospital Group based on fraud allegations stemming from the companies' 2010 acquisition of Wilson N. Jones Memorial Hospital in Sherman.
The civil lawsuit, filed in January 2015 on behalf of the Wilson N. Jones Foundation, claimed that Arlington, Texas-based THR and Plano, Texas-based LHP induced the foundation's board of trustees to sell the hospital to them six years ago even though there were higher offers from other potential buyers. The sale was predicated on THR and LHP committing $25 million for capital improvements within five years, in addition to the companies promising not to sell the hospital to any outside group for 10 years.
However, the hospital foundation's attorneys say the capital improvements never reached the $25 million mark. THR and LHP also notified the foundation board that they intended to sell the hospital in September 2014 instead of honoring the previously agreed upon 10-year ownership pledge.
"I am happy that we were able to hold the defendants accountable and send a message that you cannot hurt communities like THR did and abandon them without consequences," says attorney Charla Aldous of Aldous \ Walker, lead attorney for the firm. "And I am especially proud that proceeds from this agreement will go to the Wilson N. Jones Community Foundation to help provide health care to the indigent in Grayson County."
The WNJ Foundation owned the hospital since 1914 until its sale to THR. The WNJ Foundation was also represented by the Sherman-based law firms Sanders, O'Hanlon, Motley & Young, PLLC, and Scott Pelley, P.C.
Aldous \ Walker has been involved in previous claims against THR and currently represents Ebola survivor Nina Pham in her allegations of negligence and invasion of privacy while she worked as a nurse for the hospital system.
To learn more about Ms. Aldous and her work, click here.
The Aldous \ Walker law firm represents clients in general civil litigation, personal injury, medical malpractice, products liability, and wrongful death lawsuits. More information about the firm can be found at http://www.aldouslaw.com.
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SOURCE Aldous \ Walker LLP