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This profile was last updated on 6/8/10  and contains information from public web pages.

Mr. Leslie Scrushy

Wrong Leslie Scrushy?

Partner

Scrushy
 
Background

Employment History

  • Chief Executive Officer
    Scrushy
  • Wife
    Scrushy
  • Chief Executive Officer
    HealthSouth
  • Employee
    HealthSouth

Board Memberships and Affiliations

  • Founder
    Meadowbrook
10 Total References
Web References
Names associated with the SEC ac
www.scrushy-report.com, 8 June 2010 [cached]
was friend of Leslie Scrushy
Leslie Scrushy
Wife of Scrushy
former employee of HealthSouth
...
Partner with Scrushy in Capstone Capital, and founded Meadowbrook with Michael Martin-which did a $45 million deal with HealthSouth
Ex-CEO Cleared in $2.7-Billion Fraud - Yahoo! News
fullcoverage.yahoo.com [cached]
Scrushy himself was ordained last year as a nondenominational Christian minister.
Describing his ordeal as "two years of torture," Scrushy asked: "What happened to the compassion in this world?"
Scrushy has contended that the accounting fraud was perpetrated by subordinates without his knowledge.Despite his acquittal, the company says he will not be welcomed back as an executive.
U.S. Atty.Alice H. Martin, the chief prosecutor, shook hands with Scrushy in the courtroom after the verdicts and they exchanged brief words.
...
"We thought we had strong evidence with the testimony of five CFOs and ,audio, tapes in which Mr. Scrushy indicated that he knew all was not right with the financial reports," she said.
...
In fact, Charles Russell, Scrushy's chief spokesman, was home in Colorado on Tuesday.
...
Several said Scrushy, who did not take the witness stand during the trial, was a smart businessman who had no motive to lead a fraud at a company that he built.
...
"The smoking gun just wasn't there pointing to Mr. Scrushy."
Scrushy, who began his career as a respiratory therapist, became a philanthropist in the Birmingham area as his health services empire expanded.
But after the HealthSouth investigation began in early 2003, Scrushy's public profile took on an increasingly religious cast.Long an evangelical Christian, he left his church in the upscale suburbs and joined Bishop Lowe's Guiding Light congregation in Birmingham's blue-collar Roebuck section.
He and his wife began hosting a paid, half-hour morning prayer program on local TV.Their guests often included black clergy members.
Critics portrayed these efforts as a cynical attempt to influence Birmingham's large African American and evangelical Christian jury pool.The 12 jurors who acquitted Scrushy included seven African Americans.
Jurors on Tuesday denied that race played a part in their verdicts.
"I don't know what part of Alabama you've been hanging out in," said Juror No. 300, a black man. "But where I work, there are several whites who hang out with blacks."
Prosecutors alleged that Scrushy had induced subordinates to inflate HealthSouth's reported earnings by $2.7 billion from 1996 to 2002 to meet Wall Street's increasingly rosy expectations.
...
Scrushy has said he hopes to return to the company he founded, but HealthSouth's new management said Tuesday that would not happen.
"Under no circumstances will Mr. Scrushy be offered any position within the company by this management team or by this board of directors," HealthSouth Chairman Bob May said in a statement.
...
Scrushy remains on the HealthSouth board because, the company said, he has refused "numerous" requests to resign.
Since removing Scrushy as chief executive in March 2003, the board has been meeting without him.The other directors formed a special committee without Scrushy and have been meeting in that context.
Scrushy can be removed from the board only by a vote of shareholders.Because the company has not been up to date with its financial filings, it has been unable to hold an annual meeting.Such a meeting is expected to be held next year.
Scrushy still faces civil fraud charges brought by the SEC, seeking unspecified fines and restitution, as well as private lawsuits from HealthSouth shareholders.The company's stock, which traded at about $30 a share before being delisted from the New York Stock Exchange
Press August 25 2009
www.donsiegelman.net, 25 Aug 2009 [cached]
1. Scrushy: Husband a 'Target' ............................................................................................................. 1. Scrushy: Husband a 'Target'
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Wife to former HealthSouth CEO Leslie Scrushy on her husband's six-
Scrushy: Report from Birmingham
www.scrushy-report.com, 29 Mar 2006 [cached]
was friend of Leslie Scrushy
Leslie Scrushy
Wife of Scrushy
former employee of HealthSouth
...
Partner with Scrushy in Capstone Capital, and founded Meadowbrook with Michael Martin-which did a $45 million deal with HealthSouth
...
Founded at HealthSouth, their primary customer, and heavily invested in by Scrushy
...
Scrushy was an investor
...
Scrushy was chairman of the board & (briefly) CEO, Larry House was CEO, Tadd McVay was a VP, Michael Martin was a board member and other directors included HS board members Striplin and Newhall.
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Scrushy was on the board
...
Scrushy was on the board
Report from Birmingham » The Dog Days of Richard M. Scrushy
www.scrushy-report.com, 1 Nov 2006 [cached]
Leslie sent him a couple of notes, via an attorney who works in Fred Helmsing's firm.
...
Leslie Scrushy is vigorously shaking her head and she later leans over with her head down, shaking a little.Praying?Crying?Thinking about what a long time it's been.It has been a long time to be a defendant.At the end of the day Scrushy is standing, smiling, looking relaxed, comfortable.
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