Gregory Ball, MD, filed the lawsuit against Southtowns Radiology Associates and others on Feb. 24, according to the report. Dr. Ball, who became a shareholder in 2020, opposed the sale, arguing it was rushed, but the practice moved forward.
He alleged that partners intimidated and coerced him into signing “redemption agreements,” forcing him to sell his ownership interest for $313,000 before the deal closed.
Dr. Ball contends in the lawsuit that he is owed at least $2 million and that the practice also failed to properly transfer his 401(k), costing him another $100,000. He has since left the practice but continues to practice medicine in the area.
Becker’s has reached out to Southtown Radiology Associates and will update this story if more information becomes available.