Scrushy Ordered to Pay $2.9 Billion

| June 18, 2009 

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A judge has ordered former HealthSouth C.E.O. Richard Scrushy to pay almost $2.9 billion for his role in the massive account fraud which nearly sunk the company. Shareholders sued Scrushy in civil court alleging he faked profits which triggered bonuses for him. Scrushy testified he knew nothing of the fraud and other executives in the company were responsible. Plaintiff lawyer John Haley led the legal team seeking damages from Scrushy. He spoke with WBHM’s Bradley George.

John Knapp is a professor of ethics and leadership at Samford University’s Brock School of Business. He tells WBHM’s Andrew Yeager this ruling is something of a vindication for prosecutors who failed to convict Scrushy on criminal charges four years ago.

Despite the ruling against Scrushy, the legal battles are not over. A lawyer for Scrushy says his client plans to appeal the case to the Alabama Supreme Court.

 

~ Bradley George and Andrew Yeager, June 18, 2009.

54% of support comes from members

 

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The workers voted 56% against the union, according to tallies released by the National Labor Relations Board, which ran the election.

Taylor Hunnicutt is championing her home state with debut album ‘Alabama Sound’

Alabama offers a diverse symphony of swampy rock, swaggering blues, murky country, and bone-rattling soul. It’s a sound singer-songwriter Taylor Hunnicutt recently reimagined on her debut album, Alabama Sound, which is out now.

UAB building among Alabama’s first to feature ‘bird safe’ glass

Advocates hope the new glass will prevent window collisions, a leading causes of bird mortality.

Researchers look into community health impact of wood pellet production in rural Mississippi

Brown University and Tougaloo College students are testing for potential air and noise pollution near the Drax wood pellet plant in Gloster, Mississippi.

Alabama coal company sued for a home explosion is delinquent on dozens of penalties

Crimson Oak Grove Resources has been cited for 204 safety violations since the March 8 blast, many involving “significant and substantial” safety violations.

The United Auto Workers faces a key test in the South with upcoming vote at Alabama Mercedes plant

The United Auto Workers is aiming for a key victory at Mercedes-Benz in Alabama. More than 5,000 workers at the facility in Vance and nearby battery plant will vote this week on whether to join the UAW.

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