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Previous Posts
12/05/2005
Scrushy Charges Dropped....But Civil Case Date Set
You win some, you lose some. So far former Health South SEC, Richard Scrushy has done ok for himself. As a prime target in one of the most priminent corporate scandal prosecutions of the last few years, Scrushy managed to skate, despite sworn testimony from no less than five former officers who described Scrushy's involvement in fraudulent activites. Scrushy was found not guilty of criminal charges back in June and just last week had two fraud counts dismissed by the U.S. district court overseeing his case.

Still to contend with, however, are four other securities fraud counts and separate bribery charges. Add to that a civil suit, which had received an April 2007 . Other questions still unaccounted for but less likely to end up on the docket include how Health South company dollars went into the founding and funding of this pro-wrestling group. It would be funny if it wasn't true. The civil suit is gunning for Scrushy's $75 million personal fortune and along with the other charges still pending against him, should keep Scrushy's dance card quite full for the forseeable future.

-- MDT

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