spacer
spacer

Thursday, April 10


Fixed for Life


I saw that the SEC filed insider trading charges against Richard Scrushy, the former CEO of HealthSouth. Scrushy sold 13,823,000 shares of HRC stock since 1991 making more than $170 million. When his company couldn't meet earnings estimates, he allegedly told his staff to "fix it."

Anyway, I looked up his stock sales and saw that he sold over half that total in 2002 alone and the timing of those sales appears suspect in hindsight. If the SEC doesn't hang him, the Plaintiff's Bar will.


2002 Scrushy 144 Transactions


2002 Scrushy sales




Previous Entry >>> Getting Shanghaied


spacer

spacer
spacer