Skip to main content

Healthsouth's Scrushy Loses Appeal of $2.9 Billion Judgment

By Bashian & Papantoniou
February 18, 2011

Practice Areas

Resourses

The Alabama Supreme Court, applying Delaware corporate law, has rejected ex- HealthSouth CEO  Richard Scrushy’s  appeal of a $2.9 billion judgment that he owes to the shareholders of the health care services chain for orchestrating a massive accounting fraud. Scrushy, who is serving seven years in federal prison in an unrelated case for bribing former Alabama Gov.  Don Siegelman  to get a seat on an influential state health care panel, unsuccessfully argued that he is not personally liable for the fraud perpetrated by his lieutenants.
Category: Litigation

  • Related Posts

    28 May 2025
    Securing a $2.7 Million Award: Bashian & Papantoniou Delivers Justice for its Client
    Read More

  • Related Posts

    21 March 2025
    Bashian & Papantoniou, P.C. Secures Summary Judgment for Fire Mechanics, Protecting Small Business from Meritless Claims
    Read More

  • Related Posts

    11 March 2025
    Court Issues Default Decision Against Defendant Ricardo McGregor in Commercial Fraud Case
    Read More