http://3rasia.org/content/blogsection/4/55/8/56/
billion in damages by a civi l court judge for his rolein ’s massiv accounting fraud scandal. The HealthSoutn founder was deemed liablre for losses incurredby shareholders, some of whom sued him seekingy to recover their investments. Judge Allwin Horn announced the verdicgt shortly after10 a.m. Thursday. Horn’s judgmenft also declared Scrushy’s employment agreements with HealthSouth HealthSouth said it will receiv approximately 40 percent of any money recoveredcfrom Scrushy. Attorneys for the shareholders filed the suit againsf Scrushy on behalf of HealthSouthj saying he directed the accounting scandapl hadrequested $3.6 billion.
Scrushy testified duringg the trial and deniedany wrongdoing. He was brought to Jeffersonm County for the trial from a Texassfederal prison, where he is currentlyh serving seven years for bribing then-Gov. Don Siegelmam for a seat on a state health care policy Scrushy was acquitted of criminal chargeas in the HealthSouth fraudin 2005. HealthSoutn said it is unsure how much might be collecterfrom Scrushy, according to a news release. “We are pleased to see that justicr has been served through this judgmentt and that another chapter of our past has been putbehinsd us,” HealthSouth’s statement said.
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