Shareholders ask judge to freeze Scrushy’s assets
MONTGOMERY, Ala — Attorneys have asked an Alabama judge to freeze the assets of former HealthSouth CEO Richard Scrushy so they can begin collecting a nearly $2.9 billion judgment against him.
An attorney for HealthSouth shareholders said the motion was filed Friday asking Jefferson County Circuit Judge Allwin Horn to stop Scrushy from hiding assets while the case is being appealed. Scrushy’s attorneys have said they plan to appeal the judgment by Horn to the Alabama Supreme Court.
Scrushy was ordered Thursday to pay nearly $2.9 billion to shareholders who sued over a massive accounting fraud that nearly sent the rehabilitation chain into bankruptcy.
Filed under Court, Legal Proceedings, News | Tags: Al-healthsouth-scrushy, Ala., Alabama, bankruptcy, fraud, Montgomery, North America, sued, United States | Comment Below
Related?
HealthSouth shareholders ask judge to freeze ex-CEO's assets during appeal of $2.9B judgmentJune 20th, 2009 Lawyers seek freeze on HealthSouth ex-CEO's assetsMONTGOMERY, Ala. — Attorneys for HealthSouth shareholders asked an Alabama judge Friday to freeze the assets of former HealthSouth CEO Richard Scrushy so they can begin collecting a nearly $2.9 billion judgment against him.
HealthSouth Corp. accuses ex-CEO Scrushy of hiding money in offshore bank accountsJuly 3rd, 2009 HealthSouth accuses Scrushy of hiding assetsBIRMINGHAM, Ala. — HealthSouth Corp.
Judge orders ex-HealthSouth CEO Richard Scrushy to pay shareholders $2.8 billion in fraud caseJune 18th, 2009 Judge orders Scrushy to pay shareholders $2.8BBIRMINGHAM, Ala. — An Alabama judge has ordered former HealthSouth CEO Richard Scrushy to pay about $2.8 billion to shareholders due to accounting fraud at the rehabilitation chain.
Ala. judge freezes assets of jailed HealthSouth founder Scrushy after $2.87 billion judgementJune 24th, 2009 Judge freezes assets of jailed HealthSouth founderBIRMINGHAM, Ala. — A judge froze the assets of jailed HealthSouth Corp.
Corporate expert says ex-CEO Scrushy left HealthSouth in a mess after FBI raid uncovered fraudMay 14th, 2009 Testimony: Scrushy left HealthSouth in a messBIRMINGHAM, Ala. — A corporate restructuring expert says fired CEO Richard Scrushy left HealthSouth Corp.
Judge orders ex-HealthSouth CEO Richard Scrushy to pay $2.9B to shareholders in fraud caseJune 18th, 2009 Judge orders Scrushy to pay $2.9B to shareholdersMONTGOMERY, Ala. — A state judge on Thursday ordered former HealthSouth CEO Richard Scrushy to pay nearly $2.9 billion to shareholders who sued over a massive accounting fraud that nearly sent the rehabilitation chain into bankruptcy.
SEC seeks to freeze assets of California financier Danny Pang until after fraud trial endsJune 30th, 2009 SEC wants financier's assets frozen before trialLOS ANGELES — The Securities and Exchange Commission is seeking to permanently freeze the assets of a California financier accused of bilking investors until his fraud trial is over. Judge Philip S.
Attorneys reach proposed agreement to freeze assets of chimp's owner; Conn. judge must OK dealMay 6th, 2009 Attorneys agree to freeze assets of chimp's ownerSTAMFORD, Conn. — Attorneys say they have reached a proposed agreement that freezes the assets of a Connecticut chimpanzee owner during a lawsuit.
