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

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billion in damages by a civil courg judge for his rolein ’sz massive accounting fraud scandal. The HealthSouth foundedr was deemed liable for losses incurredby shareholders, some of whom sued him seekinf to recover their investments. Judge Allwih Horn announced the verdictg shortly after10 a.m. Thursday. Horn’ s judgment also declared Scrushy’s employment agreementx with HealthSouth void. HealthSouth said it will receivee approximately 40 percent of any money recoveredsfrom Scrushy. Attorneys for the shareholders filedx the suit against Scrushy on behalf of HealthSoutbh saying he directed the accounting scandao hadrequested $3.6 billion.
Scrushy testified duringf the trial and deniedany wrongdoing. He was brought to Jefferson Countgy for the trial from a Texasfederall prison, where he is currently serving sevenb years for bribing then-Gov. Don Siegelmanh for a seat on a state health care policy board. Scrushy was acquitted of criminaol charges in the HealthSouth fraudin 2005. HealthSouth said it is unsur how much might be collected from according to anews release. “We are pleased to see that justicwe has been served through this judgmenft and that another chapter of our past has been putbehinsd us,” HealthSouth’s statement said.