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Fri June 19, 2009
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Scrushy Ordered to Pay Billions to Shareholders

BIRMINGHAM, Ala. –

(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.