HealthSouth Corporation accounting scandal

URI: https://gptkb.org/entity/HealthSouth_Corporation_accounting_scandal
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf corporate accounting scandal
gptkbp:auditedBy gptkb:Ernst_&_Young
gptkbp:award $2.7 billion
gptkbp:category white-collar crime
corporate fraud
gptkbp:contrastsWith gptkb:Enron_scandal
gptkbp:exposedInYear 2003
https://www.w3.org/2000/01/rdf-schema#label HealthSouth Corporation accounting scandal
gptkbp:impact regulatory scrutiny
loss of investor confidence
stock price collapse
gptkbp:industry healthcare
gptkbp:investigatedBy gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:involvedIn gptkb:HealthSouth_Corporation
gptkbp:ledTo Sarbanes-Oxley Act enforcement
gptkbp:location gptkb:Birmingham,_Alabama
gptkbp:mainExecutiveInvolved gptkb:Richard_M._Scrushy
gptkbp:mediaCoverage extensive
gptkbp:method falsifying financial statements
inflating profits
misstating assets
gptkbp:numberOfExecutivesCharged 15
gptkbp:resultedIn gptkb:crime
corporate reforms
civil charges
executive convictions
restatement of financials
gptkbp:Richard_M._Scrushy_civil_case found liable
gptkbp:Richard_M._Scrushy_verdict acquitted of criminal charges
gptkbp:scandal overstating earnings
gptkbp:startYear 1996
gptkbp:bfsParent gptkb:United_States_v._Scrushy
gptkbp:bfsLayer 8