Richard Scrushy | |
|---|---|
| Born | Richard Marin Scrushy August 1952 (age 72) |
| Occupation(s) | Businessman founder and former chairman and chief executive officer of HealthSouth Corporation, former chairman and chief executive officer of MedPartners, Inc. |
| Criminal status | Released |
| Spouse(s) | Debbie Cody (197?–197?) Karon Brooks (1978–1996) Leslie Anne Jones (1997–present) |
| Criminal charge | Birmingham trial: 36 charges of fraud, false corporate reportings, and making false statements Not Guilty Montgomery trial: bribery and mail fraud Guilty |
| Penalty | Birmingham trial: acquitted Montgomery trial: 82 months in federal prison, three years' probation, United States Dollars $267,000 in restitution, a fine of $150,000 and 500 hours of community service |
Richard Marin Scrushy[1] (born August 1952[2]) is an American businessman and convicted felon. He is the founder of HealthSouth Corporation, a global healthcare company based in Birmingham, Alabama.[3] In 2004, following an investigation by the Federal Bureau of Investigation (FBI), Scrushy was criminally charged by the U.S. Securities and Exchange Commission (SEC).[4] Scrushy was charged with 36 of the original 85 counts but was acquitted of all charges on June 28, 2005, after a jury trial in Birmingham.[5]
Four months after his acquittal in Birmingham, on October 28, 2005, Scrushy was indicted by a federal grand jury in Montgomery, Alabama, along with former Alabama Governor Don Siegelman.[6][7] The indictment included 30 counts of money laundering, extortion, obstruction of justice, racketeering, and bribery.[6][7] Although the new charges were filed a month before the previous trial ended, Scrushy's attorneys accused prosecutors of filing charges as retaliation for Scrushy's acquittal.[7] Scrushy pleaded not guilty to all charges, but was convicted along with Siegelman in June 2006.[6][8]
On May 7, 2009, Scrushy was transferred from the Texas jail where he had been incarcerated and placed in the custody of the Shelby County Jail in Columbiana, Alabama.[9] Scrushy was returned to Alabama in order to testify in a new civil trial in the Jefferson County Circuit Court brought against him by shareholders of HealthSouth who sought damages related to Scrushy's trial and conviction.[10] On June 18, 2009, Judge Allwin E. Horn ruled that Scrushy was responsible for HealthSouth's fraud, and ordered him to pay $2.87 billion.[11] On July 25, 2012, Scrushy was released from federal custody.[12][13]
- ^ Matulich 2008: 337
- ^ "Richard Scrusy Biography". A&E Television Networks. Archived from the original on 2012-06-14. Retrieved 2009-05-19.
- ^ Matulich 2008: 338
- ^ Romero, Simon (2003-03-21). "The Rise and Fall of Richard Scrushy, Entrepreneur". The New York Times. Retrieved 2009-05-19.
- ^ Farrell, Greg (2005-06-28). "Scrushy acquitted of all 36 charges". USA Today. Retrieved 2009-05-19.
- ^ a b c Whitmire, Kyle (2005-10-29). "Scrushy Pleads Not Guilty to Bribery and Mail Fraud". The New York Times. Retrieved 2009-05-19.
- ^ a b c Freudenheim, Milt (2005-10-27). "Scrushy Is Indicted on Charges of Bribery". The New York Times. Retrieved 2009-05-19.
- ^ Whitmire, Kyle (2006-06-30). "Ex-Governor and Executive Convicted of Bribery". The New York Times. Retrieved 2009-05-19.
- ^ Averette, Justin (2009-05-08). "Scrushy back in Shelby County Jail". Shelby County Reporter.
- ^ Davidson, Laurence Viele; David, Beasley (2009-06-18). "HealthSouth's Scrushy Liable in $2.88 Billion Fraud (Update 3)". Bloomberg. Retrieved 2009-06-18.
- ^ Lyman, Brian (2012-07-26). "Scrushy released from custody". Montgomery Advertiser. Archived from the original on July 29, 2012. Retrieved 2012-08-02.
- ^ Hutchens, Aaron (2012-07-26). "Richard Scrushy released from federal custody". Associated Press. Retrieved 2012-08-02.