HealthSouth Bond Fraud case – New Settlements for $133.5 Million
On April 22, 2010, Bondholder Plaintiffs – led by the Retirement Systems of Alabama – filed with the court settlements with investment bank UBS Warburg for $100 million, and with auditor Ernst & Young for $33.5 million. These settlements bring the total amount recovered for HealthSouth Bondholders to more than$230 million. D&G serves as Liaison Counsel for the Retirement Systems of Alabama and a class of other HealthSouth bondholders in this litigation.