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

    09 February 2026
    Why You Should Never Sign an Employment Agreement Without an Attorney’s Review
    Read More

  • Related Posts

    26 January 2026
    Defending Personal Injury Claims Against Real Property When Uninsured: A New York Property Owner’s Guide
    Read More

  • Related Posts

    17 December 2025
    Corporate M&A for First-Timers: What to Expect (Without the Jargon)
    Read More