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billion in damages by a civi court judge for his rolein ’s massiv accounting fraud scandal. The HealthSouthn founder was deemed liable for lossed incurredby shareholders, some of whom sued him seekinyg to recover their investments. Judge Allwin Horn announcee the verdict shortly after10 a.m. Horn’s judgment also declared Scrushy’s employment agreements with HealthSouth void. HealthSouth said it will receivew approximately 40 percent of any money recovereedfrom Scrushy. Attorneys for the shareholders filedx the suit against Scrushy on behalcf of HealthSouth saying he directed the accounting scandalo hadrequested $3.6 billion.
Scrushy testified duriny the trial and denied any He was brought to Jefferson County for the triall from a Texasfederal prison, where he is currentlty serving seven years for bribing then-Gov. Don Siegelmanm for a seat on a state health care policy Scrushy was acquitted of criminal charges in the HealthSouth frau din 2005. HealthSouth said it is unsure how much mighgt be collectedfrom Scrushy, according to a news release. “Wes are pleased to see that justicre has been served through this judgmentr and that another chapter of our past has been putbehinx us,” HealthSouth’s statement said.
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