Former HealthSouth Corp. president and chief operating officer James P. Bennett was indicted on charges of conspiracy, securities fraud, insider trading and money laundering in connection with the health care concern's $2.64 billion accounting fraud, as its former chief executive Richard Scrushy's criminal trial continued.
Bennett, 47, was charged late last week in a 39-count indictment filed in Birmingham District Court. Bennett worked at HealthSouth from 1991 until 2000 in various capacities, including president and chief operating officer from 1995 until 2000. In 1993, he became a member of HealthSouth's board.
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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access