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HealthSouth to Pay $100M in Settlement

The payment may be applied toward the "fair fund" provision of the Sarbanes-Oxley Act to compensate investors who lost money on company stock after fraud was discovered in 2003.

> > HealthSouth Corp. has agreed to pay $100 million over two years to settle Securities and Exchange Commission civil charges stemming from its accounting scandal, according to the company.
Source: CFO


Published:2005-06-10
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