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Scrushy Ordered To Give Billions To Shareholders

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June 19, 2009

A circuit judge in Alabama has ordered former HealthSouth CEO Richard Scrushy to pay $2.9 billion to shareholders due to accounting fraud at the rehabilitation chain. Scrushy was acquitted in a federal criminal case over the fraud and testified in the state civil suit that he knew nothing about it.

Andrew Yeager reports for member station WBHM.

 
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