Former HealthSouth CFO gets 3 years in resentencing
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BIRMINGHAM, Alabama  - A Federal judge on Tuesday   sentenced former HealthSouth Corp.HLSH.OB Chief Financial   Officer Michael Martin to 36 months in prison, marking the   third time he has been sentenced for his part in a $2.7 billion   accounting scandal that rocked the company.
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(Corrects David Hauserâs title to CFO from CEO in paragraph 3)
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Perjury and obstruction of justice charges were added Wednesday to the criminal case against fired HealthSouth Corp. chief executive Richard Scrushy under a new indictment in the rehabilitation giant&#39;s accounting scandal.
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The Justice Department says HealthSouth Corporation has agreed to pay the US government 325 (m) million dollars. The money is to settle numerous allegations that the company defrauded Medicare and other government health programs.
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HealthSouth, the US hospital operator, on Thursday settled allegations that it defrauded federal health insurance programmes by agreeing to pay $325m.
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Brocade Communications Systems Inc's  former chief was sentenced on Wednesday to 21 months in prison for backdating stock-option grants in a scandal that has ensnared scores of U.S. companies and led to billions of dollars of restatements.
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BIRMINGHAM, Ala.  - Former HealthSouth Corp.  finance officer William Owens on Friday testified that ousted  Chief Executive Richard Scrushy promised to take care of his  family if Owens took the blame for the massive accounting fraud  at the health-care company.
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HealthSouth Corp.'s first chief financial officer testified Wednesday that then-CEO Richard M. Scrushy told him and a colleague to "fix the numbers" when quarterly earnings were below analyst expectations in mid-1996.
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BIRMINGHAM, Ala.  - A probe of HealthSouth Corp.'s  $2.7 billion accounting scandal revealed no paper trail  directly connecting fraud to former Chief Executive Richard  Scrushy, a forensic accountant who helped unravel the scandal  testified at Scrushy's criminal trial.
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BIRMINGHAM, Alabama  - A Birmingham judge refused on Thursday to send a former HealthSouth Corp.  chief financial officer to jail for his part in a massive accounting scandal, even after a U.S. Court of Appeals ordered a resentencing.
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BIRMINGHAM, Ala.  - Former HealthSouth Corp. Chief  Executive Richard Scrushy ordered accounting executives to  falsify the company's books to meet Wall Street's earnings  targets, a former chief financial officer said in court on  Wednesday.
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Brocade Communications Systemsâ former chief executive  received a 21-month prison sentence for designing a plan to tamper with the firmâs records of stock option grants.
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Malcolm E. McVay, the former chief financial officer of the HealthSouth Corporation, avoided prison and was granted five yearsâ probation.
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HealthSouth Corp. HLSH.PK, a  health-care company that is trying to emerge from an accounting  scandal, said on Thursday it agreed to pay $325 million to  settle federal charges that the company overbilled Medicare.
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HealthSouth Corp. (HLSH.PK: Quote, Profile, Research) , a health-care company that is trying to emerge from an accounting scandal, said on Thursday it agreed to pay $325 million
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A former controller of HealthSouth, Hannibal Sonny Crumpler, was indicted by a grand jury yesterday, accused of participating in a $2.7 billion fraud at the company, according to a federal prosecutor.
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Federal regulators said on Tuesday three former employees of Invesco Funds Group Inc. agreed to pay &#36;340,000 in fines to settle charges that they had a role in allowing improper trading in Invesco mutual funds, leaving a settlement with the company to be hammered out.