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How Bush alum Ruben King-Shaw got booted from his investment fund

Cotiviti

Ruben King-Shaw, a former Bush administration official and veteran healthcare executive, was kicked out of his private equity fund late last year.

Why it matters: The story has not been told until now, in large part because King-Shaw has maintained misleading information about his current role on both his investment firm's website and in a federal regulatory filing. He's still on the boards of companies such as Steward Health and Cotiviti Holdings and two weeks ago he was named CEO of healthcare fraud prevention company MedicFP. King-Shaw says this is mostly a misunderstanding.