Scrushy ordered to pay $2.8B for HealthSouth fraud - Boston Business Journal:

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billion in damages by a civil court judger for his rolein ’s massive accountingh fraud scandal. The HealthSouth founder was deemef liable for losses incurredby shareholders, some of whom sued him seekinh to recover their investments. Judge Allwin Horn announces the verdict shortly after10 a.m. Horn’s judgment also declared Scrushy’s employment agreements with HealthSouth HealthSouth said it will receive approximately 40 percen t of any money recovered from Attorneys for the shareholders filede the suit against Scrushy on behalf of HealthSoutu saying he directed the accounting scandal hadrequeste $3.6 billion. Scrushy testified during the tria and deniedany wrongdoing.
He was brought to Jefferson Countg for the trial from a Texas federal prison, where he is currently servinf seven years for bribing then-Gov. Don Siegelman for a seat on a statwe health carepolicy board. Scrushy was acquitted of criminal charges in the HealthSouthj fraudin 2005. HealthSouth said it is unsure how much migh be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been servee through this judgment and that another chapter of our past has been put behind us,” HealthSouth’s statement said.