Re: Not a big update....but curious.
Again, let's get some facts striaght: Summmit BOUGHT LVI - it was
not a "merger." Summmit owns betw, 70-80% of LVI. They ARE
the "owners."
--- In
eyegw@yahoogroups.com, foreverh@y... wrote:
> Well more info has surfaced about the merger with Summit partners
and
> the Musa's.
>
> Seems that Summit Partners owns Concentra Medical where my Hubby
was
> sent for his Workers Comp initial visits. If in fact the merger
was
> done at the time my hubby was sent there, they are in serious
> trouble. It is illegal to to have a financial interest in a
medical
> company you send your employees to. At least in CA it is.
>
> I don't know about LVI, but Eyeglass World is going back to it's
old
> ways of having the Dr's office direclty involved in the retail
> office. The new "Dr office manager" works on both sides. That's
> flatly illegal in this state. The $50,000 fine they paid in 2000
for
> this very thing apparently doesn't matter to them.
>
> Something you have to know about Summit Partners is that they keep
> their noses clean. They offer financial advice, opportunity, and
> access. They stay out of the day to day business. If crimes are
being
> committed for profit, then Summit let's the Owners take their own
> fall...They just offer more financial planning and then take a lot
of
> profit for themselves..So in a way the Musa's are losing their
riches
> to a bunch of guys who are laughing all the way to the bank..Kinda
> Poetic Justice in a way.
>
> Not much else to say. Our situation isn't too different. Just more
to
> add to the lawsuit for Workers Comp. This is slow going but it's
> getting there. Hopefully we can effect a change. The world wasn't
> built in a day...it took 7 days!! LoL