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January 04, 2006
Dick's very bad day
nbc13.com - News - SEC Files New Charges Against Scrushy
al.com: NewsFlash - Judge orders Scrushy to repay $47M in HealthSouth bonuses
al.com: NewsFlash - Federal magistrate refuses to step down from Siegelman case
The charges are civil charges, from what I can tell; he would have to pay fines but wouldn't be risking jail. These replace charges that a judge dismissed back in November.
Scrushy will appeal the ruling on repaying the company bonuses. I don't see how he has much of a case. By his own admission there was huge fraud going on during his reign. The only dispute is whether he knew about it. Even if he didn't, that just means he was incompetent and the company was still being run badly.
It's unclear why the Scrushy and Siegelman teams asked the judge to step down. They had previously asked for his recusal because his wife had taught the children of a man Siegelman allegedly sought bribes from.
Posted by Mac Thomason at January 4, 2006 01:47 PM
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