Banker’s Role in HealthSouth Probed
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The House Energy and Commerce Committee said its probe into the financial collapse of HealthSouth Corp. was expanding to include UBS Warburg investment banker Benjamin Lorello.
UBS also received a subpoena from the Securities and Exchange Commission in December or January, relating to the bank’s dealings with HealthSouth, according to a source familiar with the probe.
A representative of UBS Warburg, a unit of UBS, declined to comment.
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