On January 20, 2017, the Securities and Exchange Commission filed a Complaint in the United States District Court for the District of New Jersey (“the Court”) against Dwayne Edwards, Todd Barker, and various other individuals and entities, including Oxton Senior Living, LLC and several related entities operating in the form of assisted living facilities (ALFs). The Court entered, among other orders, an Order Appointing Receiver on January 20, 2017 (the “Receivership Order”). Derek Pierce of Healthcare Management Partners, LLC has been appointed the receiver (the “Receiver”) in this matter over the Receivership Entities (as defined in the Receivership Order which can be found in this court document).
Inquiries as to the status of the Receivership Entities should be made at this website, as it will be the frontline form of communication to the various stakeholders of the facilities (including residents of the facilities and their families, vendors and creditors, and bondholders) and to the general public. As the Receivership progresses, pertinent updates will be added to the website to ensure that interested parties stay well informed.
If you would like to contact the Receiver, information can be found by clicking here.