LGC subsidiary accused of violating its own bylaws
“We have concerns that the procedural scheme they have put together for voting may not comport with their bylaws,” said Bureau of Securities Regulation Director Barry Glennon said of HealthTrust.
Bragdon said HealthTrust did not violate its bylaws with the rules change, which laid out who could vote on behalf of HealthTrust’s members.
Meanwhile, the Dover City Council may independently challenge the election of new HealthTrust board member Allan Krans on the grounds that Krans, executive director of the Dover Housing Authority, does not meet the definition of a municipal public official, which was the spot Krans, who had been recommended by a HealthTrust nominating committee, won over Dover City Councilor Catherine Cheney, who was endorsed by the Dover City Council.
“We’re certainly going to initiate an official inquiry,” Crago said.
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