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Legal News
17 Jul 2013
by Peter Snyder

[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] on Monday denied [opinion, PDF] a new trial for former chief executive officer of HealthSouth [corporate website] Richard Scrushy [personal website]. The decision upheld Scrushy's 2006 conviction of exchanging $500,000 with former Alabama governor Don Siegelman [personal profile; … [read more]


Legal News
4 Jun 2012
by Rebecca DiLeonardo

[JURIST] The US Supreme Court [official website] granted certiorari [order list, PDF] Monday in Bailey v. United States [docket; cert. petition, PDF] to determine whether police officers may lawfully detain individuals incident to a search warrant when those individuals have left the premises before the search warrant could be executed. … [read more]


Legal News
11 May 2011
by Aman Kakar

[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] on Tuesday reversed two bribery charges [opinion, PDF] against former Alabama governor Don Siegelman [personal profile; JURIST news archive] and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] and remanded the case for re-sentencing. The court … [read more]


Legal News
29 Jun 2010
by Hillary Stemple

[JURIST] The US Supreme Court [official website; JURIST news archive] on Tuesday summarily affirmed [order list, PDF] a lower court's ruling [JURIST report] in Republican National Committee v. Federal Elections Commission [materials], upholding a ban on the use of "soft money" in elections. The Federal Election Campaign Act [text] prohibits … [read more]


Legal News
17 Feb 2010
by Haley Wojdowski

[JURIST] A judge from the US District Court for the Northern District of Alabama [official website] sentenced former HealthSouth [corporate website; JURIST news archive] executive Ken Livesay to five months in prison on Tuesday for his involvement in the company's accounting fraud. Judge Karon Bowdre sentenced [NBC report] Livesay for … [read more]


Legal News
17 Nov 2009
by Matt Glenn

[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] for the third time vacated [opinion, PDF] a trial court's sentence of former HealthSouth [corporate website; JURIST news archive] executive Ken Livesay for being too lenient Monday, remanding the case to the lower court with a demand that … [read more]


Legal News
7 Nov 2009
by Andrew Morgan

[JURIST] Federal authorities have filed charges [press release] against 14 people in connection with insider trading at the hedge fund company Galleon Group [corporate website], weeks after the arrest [JURIST report] of the company's founder. An investigation by the FBI allegedly revealed more than $20 million in illegal profits and … [read more]


Legal News
20 Oct 2009
by Matt Glenn

[JURIST] Galleon Group [partnership website] hedge fund founder Raj Rajaratnam [Financial Times profile] denied any wrongdoing Sunday, promising to fight charges brought against him in one of the US government's largest insider trading cases to date. Rajaratnam was arrested Friday and charged [complaint, PDF; press release] along with five other … [read more]


Legal News
15 Jul 2009
by Christian Ehret

[JURIST] The US Securities and Exchange Commission (SEC) [official website] is engaging in more vigorous enforcement of its rules and policies [testimony] in order to address the financial crisis and improve investor protection, Chairman Mary Schapiro [official profile] testified before the US House of Representatives Subcommittee [official website] on Capital … [read more]


Legal News
19 Jun 2009
by Matt Glenn

[JURIST] Former HealthSouth [corporate website] CEO Richard Scrushy [defense website; JURIST news archive] was found liable [opinion; order, PDF] to the company's shareholders for fraud Thursday by Judge Allwin Horn of Alabama's 10th Judicial District [official website] and ordered to pay $2.88 billion. The plaintiffs claimed that Scrushy encouraged others … [read more]


Legal News
18 Jun 2009
by Christian Ehret

[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] on Wednesday rejected challenges [opinion, PDF] to a securities fraud class action suit brought by former HealthSouth [corporate website] CEO Richard Scrushy [defense website; JURIST news archive], affirming a $445 million settlement against the HealthSouth corporation. Scrushy, who … [read more]


Legal News
17 May 2009
by Eszter Bardi

[JURIST] The US Court of Appeals for the Eleventh Circuit [official website] on Friday denied the petition of former Alabama governor Don Siegelman (D) [official profile; JURIST news archive] and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] for an en banc rehearing of their convictions on charges … [read more]


Legal News
12 May 2009
by Devin Montgomery

[JURIST] Alabama's Jefferson County Circuit Court [official website] on Monday began hearing a $2.6 billion derivative lawsuit brought by HealthSouth [corporate website] shareholders against company founder and former CEO Richard Scrushy [defense website; JURIST news archive] for his alleged role in an accounting fraud scheme at the company. The shareholders … [read more]


Legal News
7 Mar 2009
by Steve Czajkowski

[JURIST] A three judge panel of the US Court of Appeals for the Eleventh Circuit [official website] on Friday upheld [opinion, PDF] the 2006 convictions [DOJ press release; JURIST report] of former Alabama governor Don Siegelman (D) [official profile; JURIST news archive] and former HealthSouth [corporate website] CEO Richard Scrushy … [read more]


Legal News
29 Mar 2008
by Steve Czajkowski

[JURIST] Former Alabama Governor Don Siegelman (D) [official profile; JURIST news archive] was released from federal prison Friday after a federal appeals court ruled that he was not a flight risk while his appeal of his fraud and bribery conviction is pending. The US Court of Appeals for the Eleventh … [read more]


Legal News
28 Jun 2007
by Mike Rosen-Molina

[JURIST] Former Alabama Governor Don Siegelman (D) [official profile; JURIST news archive] was sentenced to over seven years in prison for bribery and obstruction of justice Thursday. Siegelman and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] were convicted [DOJ press release] in June 2006 on federal bribery … [read more]


Legal News
24 Apr 2007
by Jeannie Shawl

[JURIST] The US Securities and Exchange Commission has settled accounting fraud charges [press release] against HealthSouth [corporate website] founder and former CEO Richard Scrushy [defense website; JURIST news archive] under an agreement announced Monday "that permanently bars Scrushy from serving as an officer or director of a public company, permanently … [read more]


Legal News
2 Oct 2006
by Melissa Bancroft

[JURIST] A federal judge Monday denied motions by former Alabama governor Don Siegelman [official profile] and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] to overturn their corruption convictions. US District Judge Mark Fuller [official profile] ruled there was "substantial evidence" to back jury verdicts against them.In June … [read more]


Academic Commentary
27 Sep 2006

JURIST Contributing Editor Nancy Rapoport of the University of Houston Law Center says that the recent spate of guilty verdicts and stiff sentences handed out for corporate fraud committed by the erstwhile leaders of Enron, WorldCom, Tyco, Adelphia and other companies suggests that executives need to take personal responsibility for … [read more]


Legal News
29 Jun 2006
by Tom Henry

[JURIST] Former Alabama Governor Don Siegelman [official profile; campaign website] and former HealthSouth [corporate website] CEO Richard Scrushy [JURIST news archive] on Thursday were convicted [DOJ press release] of federal bribery and fraud charges [JURIST report]. Siegelman was convicted on 10 counts, including bribery, conspiracy, and mail fraud. Scrushy was … [read more]

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