Crossing The Line: The Inside Story of The HealthSouth Fraud
March 26, 2012: 6:00 PM - 9:00 PM
Weston Smith speaks about his role in the rise and fall of HealthSouth, his weakness in becoming a participant in HealthSouth's massive $3 billion accounting fraud, and why he eventually revealed the fraud to federal authorities. He also speaks about the red flags of ethical malfeasance, and pleads to business leaders to promote ethical conduct and minimize corporate risk.
The Gleacher Center
450 N Cityfront Plaza Drive
$25 per person Club Members and Guests
$35 per person Non-Members
Weston Smith (Speaker)
Former CFO turned Whistleblower of HealthSouth
Weston Smith joined HealthSouth in 1987, from the Birmingham, Alabama office of Ernst & Young. During his tenure the company grew from 13 to over 2000 locations, in all 50 states, plus Puerto Rico, Canada, Australia, the United Kingdom, and Saudi Arabia. Weston eventually rose to the rank of CFO in 2001. During its meteoric rise, HealthSouth's public persona was sparkling, but its internal operations became increasingly mired under a veil of greed, pressure and corruption.
While accepting responsibility for his own actions, Weston comments that "I hope that people will hear my story and perhaps either know what to look for in possible workplace financial deceit, or think twice about their own decision making processes with regards to such." Weston has been featured on CNBC and as a guest of Neil Cavuto on the Fox Business Channel.
Jon C Peterson
Light hors d'oeuvres and a cash bar will be available immediately before and after the presentation