JURIST Supported by the University of Pittsburgh
PAPER CHASE NEWSBURSTDigest RSS feedFull RSS feed
Serious law. Primary sources. Global perspective.


Thursday, July 21, 2005

Scrushy asks court to drop SEC suit against him
Holly Manges Jones at 8:39 PM ET

[JURIST] Former CEO of HealthSouth Corp. [corporate website] Richard Scrushy [official website] petitioned a judge Thursday to terminate the Securities and Exchange Commission (SEC) [official website] civil suit against him for corporate fraud charges since he was acquitted of criminal charges [JURIST report] last month. Scrushy's lawyers said in his brief to the court, "After being pursued for years by all the king's horses and all the king's men, he stands before this court having been acquitted of all charges against him." The civil suit [complaint] was filed against Scrushy in 2003 for $785 million to cover fines and pay back shareholders and also requests that the former CEO never be allowed to serve as any publicly held company's officer or director. AP has more.






Link |  | print | subscribe | RSS feeds | latest newscast | Facebook page

For more legal news check the Paper Chase Archive...


LATEST LEGAL NEWS

 US House votes for 20-week abortion ban
3:57 PM ET, June 19

 UK Supreme Court allows families of Iraq soldiers to sue government
2:28 PM ET, June 19

 AI: China mining companies contributing to Congo rights abuses
12:51 PM ET, June 19

 click for more...

Get JURIST legal news delivered daily to your e-mail!

LATEST FORUM

Is Egypt's Stance on the Blue Nile Dam Legally Justified?
DOMESTIC
Zeray Yihdego
University of Aberdeen School of Law

ABOUT

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.

CONTACT

Paper Chase welcomes comments, tips and URLs from readers. E-mail us at JURIST@jurist.org