Richard Scrushy’s Career Highlights

By Associated Press

Published: Thu, June 28, 2007 - 12:06 pm

(Associated Press)

Timeline for former HealthSouth CEO Scrushy

- 1984: Scrushy and a small group of investors form HealthSouth,

a medical services company based in Birmingham, Ala.

- 1986: HealthSouth goes public.

- 1996: After years of quick growth with Scrushy as CEO,

HealthSouth operates in all 50 states and eventually bills itself

as the nation's largest provider of diagnostic imaging, outpatient

surgery and rehabilitation services. An account fraud begins around

mid-year.

- March 2003: Scrushy is fired by HealthSouth as the Securities

and Exchange Commission files a civil suit alleging massive

accounting fraud. First of 15 former executives pleads guilty in

fraud.

- November 2003: Scrushy charged criminally in HealthSouth

fraud, pleads innocent to indictment on multiple charges, including

violation of new Sarbanes-Oxley corporate reporting law.

- June 28, 2005: Scrushy acquitted on all counts by federal

court jury in Birmingham.

- Oct. 26, 2005: Federal prosecutors announce a grand jury

indictment accusing Scrushy of bribery and other government

corruption charges along with former Alabama Gov. Don Siegelman and

two former Cabinet members.

- June 29, 2006: A federal court jury in Montgomery convicts

Scrushy and Siegelman on bribery, conspiracy and mail fraud charges

accusing him of making $500,000 in contributions to Siegelman's

campaign for a state lottery in return for an appointment to a

hospital regulatory board. The two Cabinet members were acquitted

on all charges.

- June 28, 2007: Sentenced to six years, 10 months in federal

prison on his convictions.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

News Map