A PYMNTS Company

Scottrade to cooperate with CT, IA, MO probe of retail securities brokers

By  |  March 26, 2012

The Solicitor General has filed a petition for certiorari with the U.S. Supreme Court to review the 11th Circuit’s ruling on Phoebe Putney’s acquisition of Palmyra. The FTC had filed a complaint to block the merger on March 20, 2011. Phoebe Putney and Palmyra were the only two hospitals in Albany, Georgia. On June 27, 2011, the U.S. District Court for the Middle District of Georgia, Albany Division, dismissed the FTC’s complaint and denied its motion for a preliminary injunction. The 11th Circuit affirmed the District Court ruling on December 9, 2011.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The Solicitor General’s petition is filed on behalf of the FTC. The Commission voted 4-0 to authorize the request.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full content: Bloomberg

     

    Related content: How DG Competition and U.S. DOJ Antitrust Division Hurt Compliance Efforts (Joseph Murphy, Society of Corporate Compliance and Ethics)