The sentencing of former HealthSouth Corp. Chief Financial Officer William Owens, one of five former HealthSouth CFOs to plead guilty in connection with some $2.6 billion in accounting fraud at the company, was postponed until Nov. 10 from Aug. 26 at his lawyers' request. Owens pleaded guilty to fraud and conspiracy charges and helped the federal government in its criminal case against former HealthSouth chief Richard Scrushy. Scrushy was found not guilty by a jury in June, and his defense team blamed Owens for the fraud. Another former CFO, Aaron Beam, who pleaded guilty to bank fraud, is scheduled for sentencing Thursday, while the sentencing of former CFO Weston Smith, previously scheduled for Thursday, was delayed until Sept. 22. Meanwhile, the government has appealed the home detention and probation sentences previously handed down for former CFOs Michael Martin and Malcolm McVay. Martin faces a Sept. 20 sentencing hearing. No action has been taken on the appeal of McVay's sentence. -- by Joseph Mantone
Sentencing rescheduled for former HealthSouth CFO
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