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Management Newsletter Article | May 31, 1991

Health Concepts Proxy Fight Initiated

By Market Intelligence Team

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Robert and LeAnn M. Lobato are leading a proxy fight to oust three directors of Health Concepts IV, a Tulsa-based chemical dependency program provider. Robert Lobato resigned as chief financial officer of the company in April of 1991. With his wife, the Lobatos own 30.5% of the company’s shares, according to a report in the June 14, 1991 issue of The Wall Street Journal.Mr. Lobato said that he resigned when the company’s other two board members wouldn’t give serious consideration to adopting . . .

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