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News Release
Frist Made At Least Two Million On Insider Stock Sale;
9/28/2005
CONTACT Carmen Balber, (310) 392-0522 ext. 324 or Jamie Court ext. 327
New Details On HCA Insider Knowledge Emerge Santa Monica, California -- Senator Bill Frist, now subject to a formal investigation by the SEC for insider trading, made between $2 million and $6 million by selling his HCA holdings just before stock values plummeted in the face of a bad earnings report, according to an analysis released today by the...
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News Release
SEC Chair Steps Aside, But Independent Observer Still Needed to Ensure Transparency In Frist HCA Stock Sale Investigation
9/26/2005
CONTACT Carmen Balber (310) 392-0522 ext. 324
Santa Monica, California -- Securities and Exchange Commission (SEC) Chair Chris Cox's recusal from the investigation into Senator Bill Frist's stock trades highlights the need for Congress to appoint an independent observer to ensure a through, transparent inquiry of the sale, said the Foundation for Taxpayer and Consumer Rights (FTCR). FTCR sent...
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News Release
Congressional Leaders Should Appoint Independent Observer to Monitor Frist Investigation
9/23/2005
CONTACT Carmen Balber (310) 392-0522 ext. 324 or Douglas Heller ext. 309
SEC & Dept. of Justice Open Investigation Into Possible Insider Trading Involving U.S. Senate Leader Santa Monica, CA -- Congressional leaders must appoint an independent observer who reports directly to Congress to ensure a through, transparent investigation of Senator Frist's HCA stock sale, currently under investigation by the Securities...
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News Release
SEC Should Subpoena Senator Frist Concerning HCA Stock Sale
9/22/2005
CONTACT Carmen Balber (310) 392-0522 ext. 324 or Jamie Court ext. 327
Santa Monica, CA -- The Securities and Exchange Commission should subpoena phone records and receipts to investigate possible insider trading activities between Senator Bill Frist and his brother, HCA Director Thomas Frist, Jr., said the nonprofit, nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR) in a letter to the Commission...
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News Release
Frist Dumps HCA Stock After Ethics Complaint
9/21/2005
CONTACT Carmen Balber - 310-392-0522 x324
Remaining Senators Must Follow Suit: Sell Hospital, Pharmaceutical, Insurance Stock Or Abstain From Votes Santa Monica, California -- After refusing for two years to admit a conflict of interest, Senator Bill Frist (R-TN) has now sold his $10 million to $30 million holdings in the Frist family-founded HCA hospital chain. The Foundation for...
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Feature
HR 4600 Will Harm Patients & Enrich Only Insurers
7/1/2005
Testimony before U.S. Congress of Jamie Court, Pres. of FTCR, on July 17, 2002.
Testimony before U.S. Congress of Jamie Court - President of FTCR, on July 17, 2002. In an age where expanding patients' rights has become a national demand, HR 4600 would dramatically contract patients' rights across the nation. This anti-consumer legislation will shield HMOs and providers they influence from legal accountability to the patient...
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News Release
Medical Malpractice Claims Are Stable (Not Skyrocketing) Says Kaiser Family Foundation
5/31/2005
CONTACT Carmen Balber - 310-392-0522 x324
Group Says Time to Put Focus on Insurance Company Practices Santa Monica, CA -- The chief argument for legislation to limit the legal rights of patients injured by a physician -- that the number of medical malpractice claims and the cost of those claims have been skyrocketing -- is a fabrication, according to data in a newly released study by the...
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News Release
Consumer Group Blocks AIG Plan to Raise Nurse Midwife Medical Malpractice Premiums by 40%;
4/13/2005
CONTACT Lawrence Markey, Jr. 310-392-0522 x317 or Doug Heller 310-392-0522 x309
Prop. 103 Saves California's Midwives $5,000 Annually Santa Monica, CA -- American International Group, Inc., (AIG) has withdrawn a proposed 39.9% rate hike by its National Union subsidiary, after the non-profit Foundation for Taxpayer and Consumer Rights (FTCR) filed a challenge requesting a public hearing to determine whether the increase was...
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News Release
Patient Advocates Launch Postcard Campaign To Congress Exposing Insurance CEO's Estate
3/16/2005
CONTACT Carmen Balber - 310-392-0522 x324
Postcard Explains That Insurance Reform, Not Medical Malpractice Cap, Lowered California Doctors' Rates Santa Monica, CA -- Dr. Richard Anderson, one of the nation's most vociferous advocates of a $250,000 lifetime cap on pain and suffering damages for injuries caused by medical malpractice, is an insurance executive who makes that much money in...
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Archived Article
Parents of 7-Year-Old Fight For Justice
3/1/2005
Consumer Watchdog
Jessie Geyer - Antioch, CA A few days before Halloween 7-year-old Jessie Geyer began to feel lousy. She had a high fever and severe leg pain. It was bad enough feeling sick, but the second grader worried that she might have to miss out on the Halloween parade at her school, as well as trick or treating. Her illness worsened and she realized she...
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