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 BIRMINGHAM, Ala. (AP) - HealthSouth Corp. said Friday it was scheduling its first shareholders meeting since a fraud scandal broke and soliciting proxy votes to elect a new board — one without fired chief executive Richard Scrushy.
The rehabilitation and medical services chain announced the meeting, set for Dec. 29 at its Birmingham headquarters, as it filed its long-awaited annual report for 2004 with the Securities and Exchange Commission.
HealthSouth hasn't had a shareholders meeting or filed an annual statement since the SEC filed suit in March 2003 alleging a massive earnings overstatement. In the Friday report, HealthSouth reported a loss for 2004 of 44 cents a share, narrowing from a loss of $1.10 a share in the previous year.
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