The Hudson Highland Group (NASD: HHGP) said it will restate its second-quarter results and record an expense of $3.6 million over its 2004 acquisition of JMT Financial Partners, a professional staffing and outsourcing firm. The company said it had classified earn-out payments as goodwill, however it will now record the payments as compensation expense. The restatement will reduce net income for the quarter by 14 cents per diluted share, the company said. And there are no further earn-out payments for JMT.