Electrical Medical Trust et al v. U.S. Anesthesia Partners, Inc. et al
Case Number:
4:23-cv-04398
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 05, 2024
PE Firm Argues Tossing of FTC Case Also Ends Workers' Suit
The dismissal of a government antitrust action against Welsh Carson Anderson & Stowe warrants the dismissal of a second lawsuit brought by a Houston workers' benefit fund since the complaint is "unapologetically based" on the parallel Federal Trade Commission action, the private equity firm told a Houston federal judge in a hearing Thursday.
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November 21, 2023
PE Firm Faces 2nd Antitrust Suit Over Texas Anesthesia Biz
New York-based private equity firm Welsh Carson Anderson & Stowe has been hit with new antitrust claims over its Texas anesthesia physicians group, this time by a Houston workers benefit fund in a proposed class action alleging the firm has effectively monopolized hospital anesthesia services in Texas to drive up costs.