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Court rules against HealthSouth in auditor dispute
Law Firm News |
2014/06/16 15:34
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The Alabama Supreme Court ruled against Birmingham-based HealthSouth Corp. on Friday in a legal dispute linked to the accounting fraud that rocked the rehabilitation company more than a decade ago.
The justices rejected an appeal filed by HealthSouth in a legal fight involving its one-time auditing company, Ernst & Young.
Shareholders filed a complaint on behalf of HealthSouth blaming Ernst & Young for failing to detect the $2.6 billion accounting scam that occurred under former CEO Richard Scrushy, who was acquitted of criminal charges in 2005. A civil court later held him responsible for the swindle.
An arbitration panel ruled against HealthSouth in a complaint aimed at making Ernst & Young share responsibility for the fraud, and HealthSouth appealed to Jefferson County Circuit Court. That court sided with the auditor, and HealthSouth appealed again.
The Supreme Court, in a decision written by Justice James Main, upheld the ruling against HealthSouth. The justices said there was no evidence the arbitration decision against HealthSouth was fundamentally unfair or that the panel engaged in any misconduct.
Evidence showed HealthSouth inflated its earnings by some $2.6 billion from the late 1990s through the early 2000s, when the scheme was uncovered. Fifteen HealthSouth employees pleaded guilty and jurors convicted one other.
Scrushy blamed everything on underlings but later served time in federal prison after being convicted in a bribery scheme involving former Gov. Don Siegelman, who remains in prison in Oakdale, La.
Scrushy, who maintains his innocence to all charges, now lives in Texas and sometimes lectures about corporate fraud.
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DiRusso & DiRusso - Surry County Worker's Compensation Lawyers
Law Firm News |
2014/06/10 12:35
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From the moment an employee is injured, there are time limits for both the employee and employer. Employers must make certain reports to the court system for North Carolina Worker's Compensation case, Industrial Commission. Employer reports do not satisfy the reporting obligations of the employee or extend the time limit for the employee to make his claim.
Under certain circumstances, an injured employee may report their injury to their employer and even be paid for time missed from work. If the employee does not make the proper filing with the Industrial Commssion, the employee's claim can be dismissed and they will receive no further benefits.
It is critical to know what benefits to demand. An injured worker is entitled to numerous benefits, unfortunately it is not the employer's obligation to advise their injured employee of these benefits. At DiRusso & DiRusso, we offer free consultations with attorneys who practice Worker's Compensation.
If you're in need of a Surry County Worker's Compensation Lawyer, contact DiRusso & DiRusso today. |
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Levin & Curlett, LLC - Baltimore Criminal Defense Lawyer Services
Law Firm News |
2014/06/06 15:00
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Levin & Curlett, LLC was formed by former prosecutors. With extensive experience in all facets of criminal and civil litigation, Levin & Curlett LLC has the trial experience necessary to work effectively with clients to achieve their goals. They represent clients who are involved in criminal proceedings as targets, subjects, witnesses, recipients of grand jury subpoenas, or defendants.
Levin & Curlett LLC defends state and federal charges for all manner of non-white collar crimes, including felonies and misdemeanors. We have extensive experience in cases involving:
- Conspiracy
- Racketeering (RICO)
- Homicide
- Sex Crimes
- Assault
- Theft/Embezzlement
- Driving Under the Influence/Driving While Impaired
- Weapons Possession
- Narcotics Possession and Trafficking
- Cases Involving Juveniles
If you're in need of Baltimore Criminal Defense Lawyers, call the Levin Curlett, LLC today. |
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The Salazar Law Firm - Houston Car Accident Lawyers Services
Law Firm News |
2014/06/03 13:05
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The Salazar Law Firm, PLLC understands the burdens auto accidents and injuries place on an individual. Our goal is to lessen our client's stress and burden by managing the complex relationships with insurance companies, medical facilities, government agencies, and other insurance defense lawyers.
If you've been injured in an accident, don't let your claim get weakened by not taking the right steps. Get medical treatment for your injuries as soon as possible. Insurance companies pay close attention to "laspes in treatment" and whether or not treatment was sought immediately after the accident.
Insurance companies are in the business of making money. If the insurance company is giving you the run-around, contact our houston car accident lawyers at the Salazar Law Firm today. |
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