A class action lawsuit was filed against the rehabilitation and medical services chain regarding losses in its employee retirement fund following alleged fraud. The lawsuit concerned losses in HealthSouth's retirement plan due to declining prices for HealthSouth's stock. The company's shares plummeted in value after the Securities and Exchange Commission filed suit in March 2003 alleging massive fraud. HealthSouth has agreed to a proposed settlement of $25 million. (Jul-29-05)
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