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HealthSouth $445 Million Settlement Update
In re HealthSouth Securities Litigation (N.D. Ala.) November 1, 2007 Judge Karon Bowdre of the U.S. District Court for the Northern District of Alabama, appointed The Retirement Systems of Alabama to act as Lead Plaintiff for all purchasers of HealthSouth corporate bonds in the pending securities litigation. Judge Bowdre appointed David Guin to act as Liaison Counsel for the HealthSouth bond investors. A $445 Million class action settlement has been reached with HealthSouth, certain of its former directors and officers, and certain of its insurance carriers. Claim forms have been mailed to all known bond investors. For information regarding this litigation, contact David Guin or Tammy Stokes.
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