HealthSouth accuses Scrushy of hiding assets
BIRMINGHAM, Ala. — HealthSouth Corp. is accusing fired chief executive Richard Scrushy of hiding money in offshore bank accounts and transferring assets out of his name to avoid paying court judgments.
Documents filed Thursday by the Birmingham-based rehabilitation chain claim Scrushy has told people that he has some $600 million in accounts outside the United States. They also ask a judge to freeze real estate assets that Scrushy has put in the name of others.
An attorney for Scrushy didn’t immediately respond to a message seeking comment.
A judge ruling in a shareholder lawsuit filed on behalf of HealthSouth has ordered Scrushy to pay $2.8 billion for his role in a massive fraud at the company. Scrushy denies any wrongdoing, but the judge found him liable anyway.
Filed under Legal Proceedings, News, Shareholder Lawsuit | Tags: Ala., Alabama, Birmingham, Claim, fraud, North America, United States, Us-healthsouth-scrushy | Comment Below
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