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2 Jul 2019, 5:46 pm
On July 2, the Department of Justice announced that Encompass Health Corp. has agreed to pay $48 million to settle allegations brought in three qui tam suits Encompass Health Corporation (formerly known as HealthSouth Corporation), the nation’s largest operator of inpatient rehabilitation facilities (IRFs), has agreed to pay $48 million to resolve allegations that some of its IRFs provided inaccurate information to Medicare to maintain their status as an IRF and to… [read post]
28 Jun 2005, 1:04 pm
[JURIST] A jury has found former HealthSouth CEO Richard Scrushy [JURIST news archive] not guilty on charges of wire and mail fraud, money laundering, conspiracy, and violations of the Sarbanes-Oxley Act [summary]. [read post]
15 Jul 2009, 5:04 am
Class Action Settlement Calling for Bar Order, Wiping Out Corporate Officer’s Indemnification Agreement and Advancement of Attorney Fees from Company Properly Approved by District Court Eleventh Circuit Holds Plaintiffs filed a class action against HealthSouth Corporation and others, including its former chairman and CEO Richard M. [read post]
19 Sep 2009, 6:51 am
Going back to the 2001-era financial frauds, Enron, WorldCom, Tyco and HealthSouth all had unclassified boards. [read post]
31 Aug 2009, 2:30 pm
Conry's question implied that HealthSouth's financial information was inconsistent with its nonfinancial information and thus, the risk of financial statement fraud [ ] at HealthSouth should have been a concern. [read post]
31 Oct 2006, 7:35 am
In the last six years, the corporate landscape has been overrun by weeds of corporate corruption and fraud, including criminal complaints against executives at WorldCom, Healthsouth, Adelphia and, of course, Enron. [read post]
27 Oct 2009, 4:16 am
Mailed: September-October Issue of The Corporate Executive The September-October 2009 issue of The Corporate Executive contains a great lead article about how to plan ahead for your executives ahead of the inevitable tax increases (thanks to Mike Melbinger of Winston & Strawn for drafting this piece!). [read post]
Overcriminalization in the Eye of the Beholder: Scrushy, Gov. Siegelman & the U.S. Attorney Question
17 Sep 2007, 6:46 am
So, what do the ongoing criticism of DOJ hiring/firing priorities and the overcriminalization of corporate law have in common? [read post]
25 Jun 2007, 6:04 am
Here are snippets:Ambitious, intelligent and shrewd, Richard Scrushy and Don Siegelman rose from humble beginnings to create corporate and political empires. [read post]
22 Nov 2009, 9:05 am
Question 5 FH Byrd: Do you think HealthSouth’s decision to allow reimbursement of proxy contest expenses for dissidents (earning 40% or more of the vote) will lead other boards/companies to take similar action? [read post]
15 Feb 2010, 6:02 am
After screening for frivolous suits, we end up with a sample of 216 cases of alleged corporate frauds, which include all of the high profile cases such as Enron, HealthSouth, and WorldCom. [read post]
2 Dec 2009, 5:24 am
The Kerlan Jobe Orthopaedic Clinic, a sports medicine clinic in Los Angeles, has agreed to pay the United States $3 million to settle allegations that it received illegal kickbacks from HealthSouth Corporation. [read post]
21 Sep 2007, 5:33 am
Langevoort (Georgetown University Law Center) has posted On Leaving Corporate Executives Naked, Homeless and Without Wheels: Corporate Fraud, Equitable Remedies, and the Debate Over Entity Versus Individual Liability (Wake Forest Law Review, Vol. 42, No. 3, 2007) on SSRN. [read post]
20 Nov 2009, 6:37 am
In the Healthsouth case, the Delaware Chancery Court hit hard and early to address the breach of the duty of loyalty in that case. [read post]
29 Apr 2010, 5:00 am
They ended up with a sample of 216 cases, including the high profile cases like Enron, HealthSouth and Worldcom. [read post]
24 Mar 2010, 5:22 pm
The researchers analyzed 216 cases of alleged corporate fraud between 1996 and 2004, including Enron and its loathsome brethren in fraud, WorldCom and HealthSouth. [read post]
16 Jul 2007, 1:16 pm
In a speech delivered July 9, 2002, President Bush proposed “tough new criminal penalties for corporate fraud” and said the task force “will function as a financial crimes SWAT team, overseeing the investigation of corporate abusers and bringing them to account. [read post]
17 Jun 2009, 7:43 pm
We have summarized many Delaware decisions on this blog regarding the issue of advancement of fees for the benefit of officers and directors of companies who have been given that right by either contract or bylaws or corporate charter, as authorized by the Delaware General Corporation Law--and as distinguished from indemnification, which generally is not triggered until after the litigation is concluded, and after potentially millions of dollars in fees… [read post]
24 Sep 2008, 8:55 pm
Although, Attorney General Mukasey has said there will be no "2008 Financial Crisis" task force, a la the 2002 Corporate Fraud Task Force. [read post]
5 Jan 2009, 9:12 am
HR Acquisition Corporation I v. [read post]
