Tagged: HealthSouth Corp.

Breakthrough for shareholders

In an unprecedented move for a major business, HealthSouth Corp. will reimburse activist shareholders for the costs involved with unseating management-backed directors.  LawProfessor Elizabeth Nowicki, a former SEC and Wall Street attorney, says the HealthSouth initiative may mark a sea change in how boards respond to shareholders clamoring for accountability. “Now that HealthSouth has voluntarily […]