After much deliberation, the former chief financial officer for health care company HealthSouth Corp. appears to have received a sentence that will stick.

The former executive, Mike Martin, was sentenced to serve three years in prison for his role in a $2.7 billion fraud at the company -- though his original sentence had only required him to serve time on probation and house arrest. The 11th Circuit Court of Appeals called the week-long prison term given to Martin at a second sentence "shockingly short," before ordering another sentencing.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access