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: Securities Law Prof Blog

Scrushy Ordered to Pay $2.8 Billion to HealthSouth

By Securites Lawprof

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An Alabama state court judge found that Richard Scrushy, ex-CEO of HealthSouth Corp., has to pay $2.8 billion in a state action brought by shareholders who sued alleging accounting fraud, unethical dealings and sweetheart deals. Scrushy was acquitted of federal...

Full post as published by Securities Law Prof Blog on June 18, 2009 (boomark / email).

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