Presure builds for Coke to settle bias suit

Article Abstract:

Coca-Cola Co may be confronting a potential public relations debacle and a possible boycott of its products because of a racial bias suit filed by a number of former employees against the soft drink giant in 1999. A federal judge has sent the case for non-binding mediation, but legal experts believe that Coke's stand is being complicated by the possibility of the case being expanded to a class action suit involving roughly 2,000 existing and former workers.

Nonalcoholic Beverages, Soft Drink and Ice Manufacturing, Coca-Cola Co. (Atlanta, Georgia), Non-alcoholic beverages

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New York no longer has dibs on securities fraud

Article Abstract:

U.S. Attorney Jeffrey Collins has launched an investigation of Kmart Corp., which has filed for Chapter 11 bankruptcy protection. U.S. Attorney Alice Martin is investigating HealthSouth, which is a chain of hospitals, for alleged financial irregularities.

All Other Specialty Food Stores, Variety stores, Discount Stores, Investigations, Kmart Holding Corp., KM, HRC

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Scrushy sticks to his defense: They're all lying

Article Abstract:

Richard Scrushy founder of HealthSouth, a company that provides physical rehabilitation for sports-related and similar injuries, was charged with 85 counts of indictment stemming from a $2.7 billion accounting fraud. Scrushy has set up a Website richardmscrushy.com to explain his side of the story and his defense team plans to attack the credibility of government witnesses and others associated with the case.

Accounting Methods, Executive changes & profiles, HEALTH SERVICES, Officials and employees, Accounting, Scrushy, Richard M., HLSH

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