Insurers for troubled dental chain Small Smiles' to pay out $39 million in tentative settlement
May 7, 2015, 1:23pm CDT Updated May 7, 2015, 2:14pm CDT
Nashville Business Journal
“…Former patients of a beleaguered Nashville-based dental company may soon receive their share of a nearly $40 million settlement.
… National Union Insurance Company, the insurer of Small Smiles Dental…reached a tentative agreement with the company…to pay out $39 million…
In a statement, James Moriarty, chairman of the trustee advisory committee for the Small Smiles…trust…said the settlement "…provide compensation for the children in the ongoing litigation and other victims who have not filed suit or hired an attorney."
“… The tentative settlement raises awareness of the need for all dentists who treat our most vulnerable children to allow parents to accompany their children, to avoid the routine use of physical restraint devices, to not over-treat children for profit, and to place the children’s best interests above their own financial interests. We must guard against dentists that mislead parents, intentionally over-treat under the guise of ‘protecting’ children, pull baby teeth that would otherwise soon fall out, intentionally place stainless steel caps on toddlers and perform unnecessary baby root canals."
Read the piece in its entirety at Nashville Business Journal
Dan LainLiquidating Trustee
CS DIP Liquidating TrustLain, Faulkner & Co.
400 N. St. Paul, Suite 600
Dallas, Texas 75201