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Sarbanes-Oxley News & Developments
Former HealthSouth Exec Avoids PrisonHe will still spend six months under electronic monitoring, pay a $10,000 fine, and forfeit $750,000.
> > Kenneth Livesay, who had been an assistant controller and chief information officer at HealthSouth, received the light sentence as a reward for cooperating with law enforcement officials investigating the scandal. However, he will still spend six months under electronic monitoring, pay a $10,000 fine, and forfeit $750,000. Livesay had pleaded guilty to criminal fraud and wire fraud.
Source: CFO
Published:2004-06-02
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