Knowledge Center
 White Papers
 Data Sheets
 Advisors Research

Friday, September 23, 2005

Former HealthSouth CFO gets 27 months

The main whistle-blower in the accounting fraud at HealthSouth Corp. got the longest sentence so far in the case, while another former executive received probation Thursday.

U.S. District Judge Robert Propst sentenced former finance chief Weston Smith to 27 months in prison, ordered him to pay $1.5 million in forfeited assets and spend one year on probation after his release.

The judge acknowledged the wide range of sentences that have been imposed in the HealthSouth case and almost invited an appeal to the 11th U.S. Circuit Court of Appeals in Atlanta.

"If they determine my sentence

posted by Brian Moran @ 10:17 AM   0 comments


Post a Comment

<< Home


Powered by Blogger