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Financially Distressed Companies

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Top Financially Distressed Companies Articles see all

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  • Maryland agencies need to improve oversight of group homes, officials say

    Maryland agencies need to improve oversight of group homes, officials say
    State officials said at a legislative briefing Thursday that their agencies must do more to flag financial mismanagement at group homes — problems similar to those that went unheeded at an Anne Arundel County facility where a 10-year-old disabled foster child died this month.
  • Group home for disabled children struggled to provide adequate care

    Group home for disabled children struggled to provide adequate care
    The recent death of a 10-year-old disabled foster child at an Anne Arundel County group home was just the latest in a series of problems at LifeLine, the state contractor that has been paid millions in taxpayer funds to care for "medically fragile"...

    LifeLine contracts received little scrutiny at Board of Public Works

    LifeLine contracts received little scrutiny at Board of Public Works
    Maryland's Board of Public Works, a panel that includes the governor and other top state officials, did little to scrutinize millions in contracts it awarded in recent years to the financially strapped operator of a group home where a 10-year-old boy died...

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home
    Maryland lawmakers and child advocates called Monday for an investigation into regulators' oversight of a troubled group home operator, asking why the state continued to give the company millions in taxpayer dollars despite long-standing financial and...

    1st Mariner Bank buyers close on sale

    1st Mariner Bank buyers close on sale
    Investors who tried for years to get a stake in 1st Mariner Bank have closed on their purchase of the Baltimore institution. New CEO Jack E. Steil and president Robert D. Kunisch Jr. said Wednesday that the deal was finalized Tuesday night. The...