This website provides information about the HealthSouth Securities Settlement Funds. These Funds were created by the settlement of separate cases brought by the U.S. Securities and Exchange Commission (SEC) and plaintiffs in class actions in U.S. District Court.

On this website, you will find detailed information about the Settlements; who is eligible to receive a payment from the Settlements; and answers to frequently asked questions.

At the time they were reached, these settlements totaled approximately $550 million in cash and securities for distribution to investors who purchased or otherwise acquired HealthSouth stocks, bonds and/or options during certain time periods.

The deadline for submitting a claim was February 28, 2008. To date, late claims have been processed because they have not delayed distribution of the settlement funds. You may still submit a Claim Form with the required documentation to support all transactions. If you do submit a claim now, it will be marked late, and it may not be processed if it would delay distribution of the settlement funds. With respect to all late-submitted claims, even if they are otherwise valid, there can be no assurance that they will be accepted. That is a determination that the Courts will make.

Preparations to pay valid claims, including confirmation of claimant addresses, are underway and checks will be mailed upon approval of the courts overseeing the cases.

If you have any questions about the deadline for filing, or correspondence you have received from the Claims Administrator, please contact the Claims Administrator by calling toll-free, 1-888-952-9108, or by sending an email to mail@HLSSettlement.com.

Please check this website frequently for updates on claims processing.

 

In addition to the HealthSouth Securities Settlement, the stockholder plaintiffs recently reached a partial settlement with defendant Ernst & Young LLP ("E&Y"). On March 27, 2009, the court preliminarily approved a $109 million settlement with E&Y. If you purchased or acquired HealthSouth common stock or options between March 30, 2000 and March 18, 2003, you may be able to recover from the E&Y settlement. Click here to obtain more information about this settlement.