(AP) - A circuit judge has ordered former HealthSouth CEO Richard Scrushy to pay about $2.8 billion to shareholders due to accounting fraud at the rehabilitation chain. Circuit Judge Allwin E. Horn ruled in favor of HealthSouth shareholders who filed a civil suit claiming Scrushy was involved in a massive accounting fraud that nearly sent the company into bankruptcy. Scrushy was acquitted in a federal criminal case over the fraud and testified in the state civil suit that he knew nothing about it.
Montgomery, Alabama – (AP) - Alabama's unemployment rate jumped to 9.8 percent for May. The April rate had been 9.0 percent. The state Department of Industrial Relations says May's figure represents nearly 209,000 unemployed people. Industrial Relations Director Tom Surtees said Friday the nation is still gripped in a serious recession and Alabama is not immune from its effects. Counties with the lowest unemployment were Shelby at 6.6 percent, Madison at 6.9 percent, and Coffee at 7.4 percent. The
Montgomery. Alabama – (AP) - The State Personnel Board is canceling a contract with Nationwide Insurance company to provide a deferred compensation plan for active and retired state workers in Alabama. The board voted 3-0 Wednesday to cancel the contract because board members said the company is not providing financial information they want. The cancellation will take effect in six months. Board members said they will have another deferred compensation plan in place by then.
BIRMINGHAM, Ala. – (AP) - A federal appeals court has ruled against former HealthSouth CEO Richard Scrushy's challenge to a $445 million settlement in 2006 between the health rehabilitation company and some of its investors. A three-judge panel of the 11th U.S. Circuit Court of Appeals on Wednesday denied Scrushy's claim that the settlement should have left open the possibility of HealthSouth paying his legal bills or reimbusing him for anything he is ordered to pay investors.
Atlanta, Georgia – ATLANTA (AP) - A federal appeals court says two Vietnam veterans cannot get monetary damages in a lawsuit over a 2007 computer security breach at the Birmingham, Ala., VA hospital. An 11th U.S. Circuit Court of Appeals panel ruled Wednesday that Jim Henry Perkins and Jessie Frank Qualls had to prove actual damages from the disappearance of a hard drive containing Social Security numbers and healthcare files of 198,000 living veterans. The decision upholds a ruling by U.S. District Judge Inge P.
Montgomery,Alabama – (AP) - A new initiative seeks to take advantage of what's abundant in the economically depressed Black Belt region of central and west Alabama - deer, fish, ducks, rich soil and wide open spaces. A group of government officials, business owners and wildlife activists announced Tuesday the effort to promote outdoor activities across 22 mostly rural, low income counties. The region is known as Alabama's Black Belt because of it's band of rich, black soil.
Montgomery, Alabama – Montgomery Police say more arrests are probable in the weekend death of a Montgomery teenager.
25 year old Peter Mungro and 17 year old Marvin Gaston are charged with capital murder in the death of 19 year old Terrance Ponder.
Ponder was fatally wounded Saturday night when he and the driver of the vehicle in which he rode were engaged in a shootout with occupants of another vehicle traveling on the Boulevard near Narrow Lane road late Saturday night.
MONTGOMERY, Ala. – (AP) - One of Alabama's biggest campaign contributors and best-known plaintiff lawyers, former Lt. Gov. Jere Beasley, has agreed to be chairman of U.S. Rep. Artur Davis' Democratic campaign for governor. Beasley announced his position in a conference call arranged Monday by Davis' campaign. Beasley called Davis "the ideal candidate for the time." Davis faces state Agriculture Commissioner Ron Sparks in the Democratic primary next June. Chief Justice Sue Bell Cobb is also
Montgomery, Alabama – (AP) - Republican gubernatorial candidate Tim James is lining up support from people who helped former Chief Justice Roy Moore run for governor in 2006. Campaign spokesman Brett Hall said Monday that former state Sen. Roy Smith of Gadsden has agreed to lead James' campaign in Etowah County. Smith served as co-chairman of the We Need Moore 2006 Committee when Moore ran unsuccessfully for the Republican nomination for governor that year. Moore is running again this time.