Former Alabama Gov. Don Siegelman and former HealthSouth CEO Richard Scrushy , along with two others, have been indicted by a federal grand jury on charges if a "widespread racketeering conspiracy" that included bribery for official...
Search Results for: healthsouth
HealthSouth whistle-blower sentenced to 27 months in prison, $1.5 million fine
Former HealthSouth finance chief Weston Smith was sentenced to 27 months in prison followed by one year of probation and ordered to forfeit $1.5 million in assets Thursday for his role in the company's...
Corporations and securities brief ~ SEC approves Katrina filing extensions
Leading Friday's corporations and securities law news, the US Securities and Exchange Commission has formally set out its plans to alleviate corporate financial strain caused by Hurricane Katrina . In a press release, the agency...
A US district judge Friday ordered mediation in a civil suit brought by the US Securities and Exchange Commission against former HealthSouth CEO Richard Scrushy , raising the possibility of settlement in the $800...
Former CEO of HealthSouth Corp. Richard Scrushy petitioned a judge Thursday to terminate the Securities and Exchange Commission (SEC) civil suit against him for corporate fraud charges since he was acquitted of criminal...
Prosecutors announced Wednesday that they will not appeal a judge's decision to drop perjury charges against former HealthSouth CEO Richard Scrushy , who was previously acquitted of fraud charges . Immediately after the acquittal,...
Corporations and securities brief ~ SEC to pursue civil suit against Scrushy
Leading Tuesday's corporations and securities law news, a Securities and Exchange Commission (SEC) spokesman said today that the agency still plans to pursue a $785 million civil suit against former HealthSouth Corp. CEO Richard Scrushy...
Corporations and securities brief ~ UK fines Citigroup for disruptive bond trading
Leading Tuesday's corporations and securities law news,the UK's Financial Services Authority has fined Citigroup $25 million for flooding the market with bonds. Though the transaction was not illegal, it was against standard practice for European...
BREAKING NEWS ~ Scrushy acquitted on all charges in corporate fraud trial
A jury has found former HealthSouth CEO Richard Scrushy not guilty on charges of wire and mail fraud, money laundering, conspiracy, and violations of the Sarbanes-Oxley Act . Scrushy was the first CEO to be charged...
Corporations and securities brief ~ SEC investigating IBM disclosures
Leading Monday's corporations and securities law news, the SEC is investigating IBM , the company announced today. In a press release, IBM said that it received a request to voluntarily comply with the SEC's informal investigation....