Ex-HealthSouth CEO Repays Nearly $48 Million (January 6, 2006)

January 6, 2006

As a result of a law suit, former HealthSouth Corp. CEO Richard Scrushy has been ordered to repay $48 million in bonuses.  The bonuses were received from 1997 to 2002 for his role in the company’s achievements which were fabricated and never actually achieved.  The suit was brought as a derivative suit, and the money recovered will be returned to the company.

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