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HealthSouth Returns to NYSE

By Associated Press

Birmingham, AL – HealthSouth Corporation has returned to the New York Stock Exchange about three-and-a-half years after it was delisted amid revelations of a nearly two-point-seven (b) billion dollar accounting fraud. Stock in the Birmingham-based health services company closed Thursday at 23 dollars, 88 cents a share after reaching a high of $26 dollars, 20 cents during the day. C-E-O Jay Grinney was accompanied by other members of HealthSouth's new management team as he rang the opening bell. Fired chief executive Richard Scrushy was acquitted in the fraud, but he was later convicted in a separate government bribery scheme linked to his tenure at HealthSouth. Fifteen former executives pleaded guilty in the fraud, and jurors convicted a 16th.

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