Former World Health Execs Settle Civil Fraud Claims

Law360, New York (January 6, 2010, 3:09 PM EST) -- Three former executives at defunct medical staffing company World Health Alternatives Inc. and an outside securities lawyer have settled civil claims over an alleged multimillion-dollar accounting fraud scheme, but will pay back only a small portion of that money due to financial hardship.

Judge Joy Flowers Conti of the U.S. District Court for the Western District of Pennsylvania signed consent judgments Tuesday in favor of the U.S. Securities and Exchange Commission and against each of the four defendants. None of the defendants admitted or denied wrongdoing...
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