HealthSouth's Former Chief Is Expected To Be Indicted

Article Abstract:

The Dept. of Justice will announce its indictment of former HealthSouth Corp. CEO Richard M. Scrushy for securities fraud, inflated profits and other illegal financial transactions that led to his dismissal from the surgical chain company. These include conspiracy, money laundering, and false information under oath in financial reports. Both the DOJ and the SEC are charging HealthSouth with a total of $2.45 billion in accounting fraud.

Securities fraud

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Vital Signs Return To HealthSouth

Article Abstract:

Insurance company HealthSouth Corp. has managed to avoid bankruptcy during a two-year investigation into financial mismanagement and a high-profile trial of former executive Richard M. Scrushy, and it appears that the companies' finances may be improving.

Public affairs, Investigations, Public relations, Company public relations

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Decision Nears on Testimony by the Ex-HealthSouth Chief

Article Abstract:

Defense lawyers must decide whether or not it would be beneficial for former HealthSouth CEO Richard M. Scrushy to testify in his own behalf in his fraud trial.

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