SEC Fines Tenet Ex-GC Over Medicare Scheme

Law360, New York (June 19, 2009, 12:00 AM EDT) -- The former general counsel of Tenet Healthcare Corp. has agreed to pay $120,000 and abide by a permanent injunction, resolving U.S. Securities and Exchange Commission allegations that she helped the hospital operator conceal its misuse of a Medicare loophole to boost its reported earnings.

Judge Ronald S.W. Lew of the U.S. District Court for the Central District of California signed off on the agency's settlement with Christi R. Sulzbach on Thursday.

In addition to the civil fine of $120,000, Sulzbach also agreed to disgorge $1 and...
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