Renown Board of Directors launches investigation after cardiologist lawsuit

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Updated: 3/26/2013 1:57 pm
RENO, Nev. (KRNV & -- The Renown Board of Directors has launched an investigation in the wake of a recent lawsuit filed by a group of cardiologists and an investigation by the Federal Trade Commission.

David Line, the Chairman of Renown's Board of Directors, made this statement:

"We have hired an experienced and independent firm to conduct a thorough review of the situation involving both the lawsuit and the FTC matters. The firm has begun a review of everything up to and including the board oversight of the transactions so that we can learn from the problems and avoid similar occurrences in the future."

We'll continue to follow this story. Neither David Line, nor Renown's CEO Jim Miller have responded to our repeated requests for an interview.

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