Ernst & Young US and Swiss bank UBS and have agreed to settle an investor lawsuit over the US HealthSouth fraud case for $250.5m.
UBS will contribute $217m and Ernest & Young $33.5m, Reuters reported.
UBS and Ernst & Young both continue to deny wrongdoing in the estimated $2.7bn accounting fraud, which was uncovered in 2003.
Ernest & Young said the settlement means long litigations can be avoided.
HealthSouth Corporation has already paid $445m in settlements for lawsuits that were filed against the company and some of its former directors.