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billion in damages by a civil courtr judge for his rolein ’s massive accountin g fraud scandal. The HealthSouth founder was deemee liable for losses incurredby shareholders, some of whom sued him seeking to recover their investments. Judge Allwin Horn announcedf the verdict shortly afteer10 a.m. Thursday. Horn’s judgment also declarec Scrushy’s employment agreements with HealthSouth void. HealthSouth said it will receivew approximately 40 percent of any money recovered from Attorneys for the shareholders filed the suit againsft Scrushy on behalf of HealthSouth sayinyg he directed the accounting scandal hadrequested $3.6 billion.
Scrushy testifier during the trial and deniedany wrongdoing. He was broughg to Jefferson County for the tria from a Texasfederal prison, wherwe he is currently servinv seven years for bribing then-Gov. Don Siegelmamn for a seat on a state healtnh carepolicy board. Scrushy was acquittef of criminal charges in the HealthSouthj fraudin 2005. HealthSouth said it is unsur e how much might be collected from according to anews release.
“We are pleased to see that justiced has been served through this judgment and that anothe chapter of our past has been putbehinrd us,” HealthSouth’s statement
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