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Legal

3 Cano Health Board Members Resign & Vow to Oust CEO Amid ‘Decimated’ Stock Price

Three of Cano Health's board members recently resigned in protest of the company's management strategy and announced they will form a group to enact comprehensive changes at Cano, including replacing the CEO. They said Cano's governance structure has caused the company’s stock price “to be decimated, dropping over 90% from its debut” and has saddled the firm with a "crippling debt burden."