considering a run for president and said that he had sold his shares to avoid the appearance of a conflict of interest. When the company disclosed that other executives had also sold their shares during that same time, shareholders alleged that the company had made false claims about its profits to drive up the price, which then fell when the company reported disappointing financial results. Eleven of HCA's senior officers were sued for accounting fraud and insider trading. HCA settled the lawsuit in August 2007, agreeing to pay $20 million to the shareholders but admitting no wrongdoing, and no charges were brought. See also Rick Scott, former chairman and CEO, former governor of Florida, and current U.S Senator Private medicine in the United Kingdom References Further reading External links 1968 establishments in Tennessee 2011 initial public offerings American companies established in 1968 Health care companies established in 1968 Bain Capital companies Companies based in Nashville, Tennessee Companies listed on the New York Stock Exchange Frist family Hospital networks in the United States Kohlberg Kravis Roberts companies Health care companies based in Tennessee