By Ann Carrns and Valerie Bauerlein
Word Count: 945 | Companies Featured in This Article: HealthSouth
Richard M. Scrushy was sentenced to nearly seven years in prison for bribery, and a judge denied his bid to remain free pending appeal, putting the HealthSouth Corp. founder and former chief executive behind bars immediately.
U.S. District Judge Mark Fuller’s ruling last night to hand Mr. Scrushy and former Alabama Gov. Don Siegelman over to federal marshals was a surprise ending to a three-day sentencing hearing that capped the downfall of two longtime political and business giants. The judge left no doubt that he believed Mr. Scrushy had arranged for $500,000 in contributions to a foundation established by Mr. …
Filed under: Corporate responsibility | Tagged: Corporate governance, Criminal Investigations, Records Management Policy Development, Regulatory Compliance, Sarbanes-Oxley, Securities Fraud, White Collar Crime |
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