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HealthSouth CFO pleads guilty amid probe into profits inflation
William Owens, 44, of Birmingham, pleads guilty to false certification of financial information as HealthSouth sees its probe widen. Sentencing pending. could face up to 30 years and fines up to 5.5 million. Owens cooperates as former FF0 Weston Smith also pledges guilty. HealthSouth, with 50,000 employees and 1,700 facilities, faces federal scrutiny over overstated profits by at least 1.4 billion.
MENTIONED IN THIS ARTICLE
William Owens
Richard Scrushy
Frederick Helmsing
Owens
Richard Wiedis
Securities and Exchange Commission
Birmingham
Scrushy
HealthSouth Corp
Midland
Alliance Hospital