Facebook
Fark
Digg
Reddit
StumbleFired CEO ordered to pay company $25 million
Monday, April 19, 2004 | 11:02 a.m.
BIRMINGHAM, Ala. -- A court in Delaware said fired HealthSouth CEO Richard Scrushy must give the company $25 million to repay a loan he previously settled with stock that lost much of its value amid a financial scandal.
The Delaware Supreme Court last week upheld a lower court ruling that the shares Scrushy transferred to HealthSouth in 2002 to retire a loan were worth less than the amount he borrowed because of a plunge in the share price.
archive
Most Popular
- Viewed
- Discussed
- E-mailed
- Details on real estate agents’ roles in HOA fraud revealed
- Ga. woman battling flesh-eating bacteria speaks
- Celebrity preview: Kim Kardashian, Playboy Club, Miss USA, Glen Campbell, burlesque
- Beneath his stark ambition and polished public persona, Brian Sandoval is a nerd
- Tropfest celebrates 20 years of short films, big ideas at the Cosmopolitan
Everything Under the Sun
Blogs
The Kats Report
With Shenandoah project stalled, Newton hits back legally (2 Comments)
Las Vegas Philharmonic says search for new music director to begin 'immediately'
Where does a Playmate play when she turns 21? Vegas! (3 Comments)
Ice Ice Billy
The road to six-toed cats and Mayor Bubba
The Kats Report
David Itkin tells L.V. Philharmonic officials he's on his way out (14 Comments)
Diamond Dave sells it well as Van Halen pours out the power at MGM Grand (2 Comments)
Entering debut at Tryst, Nick Hissom is a model for a rapid rise to prominence (3 Comments)
- Locally owned and independent since 1950; Winner of the Pulitzer Prize for Public Service, best news website in the nation & DuPont Award for broadcast journalism
Facebook Connect