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OIR report shows Universal Health Care Inc. lost $45 million last year
The latest managed care data submitted to the state shows Universal Health Care Inc. had a net loss of $45.4 million last year. The information compiled by the Florida Office of Insurance Regulation is...
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Florida Supreme Court rules in Raymond James case
The Florida Supreme Court unanimously decided that Florida’s statute of limitations apply in arbitration proceedings. The ruling stems from a case involving Raymond James Financial Services Inc. (NYSE:...
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Pier Aquarium animals moving as attraction closes May 31
The Pier Aquarium on The Pier in downtown St. Petersburg will close on May 31, with all its 60 fish and other creatures going to temporary homes until a new facility is completed in the fall....
View ArticleMoney cut for hospital’s graduate medical education
Gov. Rick Scott vetoed from the state budget $2.5 million for Lakeland Regional Medical Center. The money would have been used to initiate planning, design and construction of facilities to support...
View ArticleEarly strategizing, fee arrangements cut class action lawsuit costs
Using alternative fee arrangements is increasing as companies institute strategies to assess and control the potential costs of class action lawsuits. One of the major takeaways in the 2013 Carlton...
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C1 Bank helps create education institute for training employees
ST. PETERSBURG — The first students in of an unusual banking education program graduated last week, marking the beginning of what is a source for the kind of employees financial institutions covet. C1...
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Carlton Fields: No merger agreement
Carlton Fields, the largest law firm in the Tampa Bay area, is rumored to be in discussions with Jorden Burt LLP, but no merger or other agreement has been drafted. “It is our policy not to confirm or...
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FDIC wins legal malpractice case against Icard Merrill, senior partner
A Tampa federal jury decided prominent Sarasota law firm Icard Merrill and Robert Messick, shareholder and senior partner, committed professional malpractice and breach of fiduciary duty in a real...
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BayCare signs contract for workplace medical clinics
BayCare Health System has contracted with CHS Health Services Inc., an operator of worksite medical clinics, for some new services. CHS, based in Reston, Virginia, will co-manage two workplace health...
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Florida Supreme Court disciplines four area lawyers
Four area lawyers are among 29 recently disciplined, including 10 who were disbarred, by the Florida Supreme Court. Tampa lawyer Kelly E. Speer was suspended for 91 days after being found in contempt...
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Clearwater man sentenced to prison for tax refund fraud
A Tampa federal judge sentenced Carlos Johnson to eight years in prison for wire fraud and aggravated identity theft. He also faces a money judgment of $431,625 – the proceeds of the offenses – and was...
View ArticleVeterans a focus for DLA Piper lawyers, Stetson
Several lawyers from DLA Piper’s Tampa office are holding legal services clinics for veterans, and Stetson University College of Law plans a community legal workshop for veterans. DLA Piper’s clinic at...
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State fines Universal Property & Casualty Insurance
Universal Property & Casualty Insurance Co. was ordered by the Florida Office of Insurance Regulation to pay an administrative fine of $1.26 million. The company, the second largest property...
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Aerosonic’s ‘go-shop’ period ends with no better offer
Aerosonic Corp.’s 40-day period of shopping for acquisition proposals ended May 30. Under the terms of an April 19 merger agreement with TransDigm Group Inc., Clearwater-based Aerosonic (NYSE MKT: AIM)...
View ArticleRuling provides certainty in arbitration
A recent Florida Supreme Court decision is good news for the many businesses using arbitration to settle controversies with clients, vendors and others. The court ruled that the state’s statute of...
View ArticleMoody’s: The good, bad and ugly about hospital charges disclosure
The recent disclosure of hospital charges for certain procedures could spell trouble for the industry down the road. Moody’s Investors Service Inc. said the publication of widely ranging hospital...
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Sun Hydraulics’ board appoints chairman
Sun Hydraulics Corp. board of directors appointed Philippe Lemaitreu as its new chairman. He has been a director for six years, according to a written statement. Lemaitreu is board chair of...
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Tampa developer pleads guilty in mortgage fraud case
Joseph Daniele pleaded guilty in Tampa federal court to conspiracy to commit wire fraud affecting a financial institution. Daniele faces a maximum of 30 years in prison, according to a written...
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Florida Cancer Specialists adds Palm Beach practice to network
Florida Cancer Specialists & Research Institute and Palm Beach Cancer Institute are merging, providing expanded service to patients on Florida’s East Coast. The merger will add four clinical sites...
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Odyssey Marine goes after more silver
Odyssey Marine Exploration Inc. has started its 2013 recovery operations at the SS Gairsoppa shipwreck site in the North Atlantic aboard the deep-sea wreck salvage ship Seabed Worker. Last summer, the...
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