HealthSouth Securities Settlement Funds

 

Frequently Asked Questions and Answers for HealthSouth Employees

ESPP—Employee Stock Purchase Plan

  1. Who was eligible to file a claim for an ESPP transaction?
  2. What was required to file a claim?
  3. What was the deadline for filing a claim?
  4. I still have questions. Whom may I contact?

ESOP—Employee Stock Ownership Plan

  1. May I file a claim for shares I received from the ESOP?
  2. I still have questions. Whom may I contact?

 

ESPP—Employee Stock Purchase Plan

1. Who was eligible to file a claim for an ESPP transaction?

Employees who participated in the Employee Stock Purchase Plan (ESPP) were eligible to file a claim if they purchased stock through the plan between August 14, 1996 and March 18, 2003. 

To qualify for a payment, you must have sold or held the stock on certain days and suffered a net loss.  For more information, you can look at the Plans of Allocation.

Back to Top

2. What was required to file a claim?

Pre-printed Claim Forms were sent to ESPP participants with annual contribution summaries. ESPP participants were not required to submit detailed broker statements to document their claims. Instead, ESPP participants could simply sign and return their pre-printed Claim Forms without providing additional documentation unless additional corrections or additions were added to the Claim Form.

Back to Top

3. What was the deadline for filing a claim?

The deadline for submitting a claim was February 28, 2008. To date, late claims have been processed because they have not delayed distribution of the settlement funds. You may still submit a Claim Form with the required documentation to support all transactions. If you do submit a claim now, it will be marked late and it may not be processed if it would delay distribution of the settlement funds. With respect to all late-submitted claims, even if they are otherwise valid, there can be no assurance that they will be accepted. That is a determination that the Courts will make.

Back to Top

4. I still have questions. Whom may I contact?

If you have additional questions, you may:

  • Call toll-free 1-888-952-9108, Monday through Friday, between 9:00 a.m. and 6:00 p.m. Eastern Time;
  • Send an email to mail@HLSSettlement.com; or
  • Write to:

    HealthSouth Securities Settlement
    201 S. Lyndale Avenue, Suite S-3
    P.O. Box 2355
    Faribault, MN 55021-9055

    Back to Top

ESOP—Employee Stock Ownership Plan

5. May I file a claim for shares I received from the ESOP?

Shares of stock received through the Employee Stock Ownership Plan (ESOP) are not eligible for this settlement because the ESOP purchased the stock distributed to participants in 1991 and 1992, which is before the dates covered by this settlement. 

However, there is another settlement in a separate ERISA lawsuit filed on behalf of the ESOP.  We are not the claims administrator for that case.  For more information or to see if you qualify for payment under that settlement, please visit that settlement’s website at www.kellersettlements.com or call the administrator at 866-817-6516.

Back to Top

6. I still have questions. Whom may I contact?

If you have additional questions, you may:

  • Call toll-free 1-888-952-9108, Monday through Friday, between 9:00 a.m. and 6:00 p.m. Eastern Time;
  • Send an email to mail@HLSSettlement.com; or
  • Write to:

    HealthSouth Securities Settlement
    201 S. Lyndale Avenue, Suite S-3
    P.O. Box 2355
    Faribault, MN 55021-9055

Back to Top