Replies to post #1875 on World Health Alternatives, Inc.(fka WHAIQ)

[billcarson]

thanks for the fast reply with info.....this looks interesting....

Business News Briefs
March 17, 2012 2:50 am
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inShare. World Health settlement
A federal judge yesterday approved a $2.7 million settlement in a securities lawsuit brought against World Health Alternatives, the Wilkins medical staffing firm that collapsed from accounting fraud in 2005. The settlement will provide affected shareholders with about 11 cents per share, shareholders attorney Arthur Stock told U.S. District Judge Terrence F. McVerry. Funds from the settlement came from insurance policies covering World Health co-founder Richard E. McDonald, directors and the company's outside auditor. A federal grand jury investigation of the company continues, Mr. Stock told the judge.



Read more: http://www.post-gazette.com/stories/business/news/business-news-briefs-489084/#ixzz20Xz71V9v