Back to Search Start Over

Inside Alleged Fraud At HealthSouth, A 'Family' Plot.

Authors :
Terhune, Chad
Mollenkamp, Carrick
Carrns, Ann
Source :
Wall Street Journal - Eastern Edition. 4/3/2003, Vol. 241 Issue 65, pA1. 0p.
Publication Year :
2003

Abstract

Focuses on allegations of the U.S. Securities & Exchange Commission (SEC) that chief executive officer Richard M. Scrushy had been instructing employees to inflate earnings at HealthSouth Corp. Lawsuit of the SEC against Scrushy and the company, alleging that since 1999 HealthSouth had overstated profits by at least $1.4 billion; Guilty pleas of finance officials at the company to federal fraud charges; Question of how employees and executives at the company were able to keep the situation quiet for so long.

Details

Language :
English
ISSN :
00999660
Volume :
241
Issue :
65
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
9425168