Popular on s4story


Similar on s4story

PUBLIC NOTICE – Ownership Dispute and Pending Litigation

S For Story/10677551
VENICE, Fla. - s4story -- Advanced Health Cardiology LLC ("AHC") announces that it is the 51% majority owner of Associates for Cardiovascular Excellence, LLC ("ACE"), a Florida healthcare organization.
On March 18, 2025, the Circuit Court for Marion County, Florida, entered summary judgment confirming AHC's majority ownership of ACE.

Through ACE and its subsidiaries, funds originating from AHC were used to acquire, develop, and operate a network of medical practices and affiliated entities across Florida.
Subsequent actions by minority shareholder Asad Qamar, M.D. and associated persons or entities have allegedly resulted in the diversion of revenues, alteration of corporate records, and removal of AHC's ownership and control references from public filings, contrary to the court's ruling and AHC's beneficial ownership rights.

Entities and Practices Affected

The entities and practices potentially affected by the ownership and control dispute include, but are not limited to:
1. Shreeven LLC
2. Lorven Heart and Vascular Institute LLC
3. Marion Heart Associates
4. Marion Internal Medicine Associates

More on S For Story
5. Heart and Vascular PLC
6. Keys Cardiology, P.A.
7. Live Oak Family Practice LLC
8. Center for Health, of Charlotte, P.A.
9. First Physicians of Florida, Inc.
10. Ankem Ravindra, M.D., P.A.
11. Advanced Surgical Care of Ocala, LLC
12. Space Coast Cardiology Consultants, P.A.
13. Ashrock Management LLC
14. Prompt Primary Care of Ocala, P.A.

Pending Litigation and Legal Protections

Active litigation is pending in the Circuit Court of Marion County, Florida (Case: Associates for Cardiovascular Excellence, LLC v. Asad Qamar, et al.), seeking judicial remedies including:
  • Imposition of a Constructive Trust and Equitable Liens over assets and revenues acquired or operated using AHC's funds;
  • Appointment of a Receiver over the affected entities to preserve operations and prevent further diversion;
  • Injunctions preventing the transfer or sale of any ownership interests or assets pending court resolution; and
  • Full Accounting and Turnover of diverted revenues and misappropriated funds.

Public and Regulatory Notice

This notice serves to place the public, potential purchasers, investors, lenders, factoring companies, and management service organizations on constructive notice that:
  • Ownership and control of the above entities are subject to ongoing litigation and disputed claims;
  • Any party entering into agreements, purchases, mergers, or management arrangements with the entities listed above does so at its own risk; and
  • AHC and ACE reserve all rights to pursue legal remedies against any person or entity acquiring or benefitting from these assets with knowledge (actual or constructive) of AHC's ownership claims.

Advisory to Purchasers and Government Agencies

More on S For Story
Any government body, healthcare regulator, or private acquirer conducting due diligence should treat this matter as an active ownership dispute involving multi-jurisdictional healthcare assets.
AHC encourages any party evaluating transactions involving the above-named entities to contact AHC directly before proceeding with any purchase, merger, or management transaction.

Contact Information

Advanced Health Cardiology LLC
1370 E. Venice Avenue, Suite 102
Venice, Florida 34285
Zaid Ali
Chairman & Chief Executive Officer
Phone: (407) 724-8960
Email: ZA@LorvenHV.com

https://www.lorvenhv.com/

Contact
Zaid Ali
***@lorvenhv.com


Source: Advanced Health Associates

Show All News | Report Violation

0 Comments

Latest on S For Story