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.
Previous Entry >>> Getting Shanghaied