Search results
Results from the Health.Zone Content Network
Richard M. Scrushy was born in August 1952 in Selma, Alabama. [1] The son of a middle-class family, his father, Gerald Scrushy, worked as a cash register repairman and his mother, Grace Scrushy, worked as a nurse and respiratory therapist. [1] [14] At an early age, Scrushy taught himself to play the piano and guitar and was earning money doing ...
HealthSouth was accused by the U.S. Securities and Exchange Commission (SEC) of an accounting scandal where the company's earnings were falsely inflated by $1.4 billion. In 1996, Scrushy allegedly instructed the company's senior officers and accountants to falsify company earnings reports in order to meet investor expectations and control the ...
Former HealthSouth CEO Richard Scrushy beat a federal charge of fraud could not do the same in a civil case. A judge decided It is another for the judge to put you on the hook for $2.9 billion.
The company already lost over $45 billion worth of market capitalization because of the scandal. Investigations also discovered over a $1 billion worth of errors in accounting transactions. The New York Attorney General's investigation led to a $1.6 billion fine for AIG and criminal charges for some of its executives.
Richard Lynn Scott ( né Myers; born December 1, 1952) is an American attorney, businessman, and politician who has been the junior United States senator from Florida since 2019. [4] [5] A member of the Republican Party, he was the 45th governor of Florida from 2011 to 2019. Scott is a graduate of the University of Missouri–Kansas City and ...
American Greed is an hour-long American television show that currently airs on CNBC, Escape (TV network), and CourtTV's over-the-air "MYSTERY" channel. The show profiles various cases involving corporate fraud and white collar crimes. Some of the episodes profile two of these cases in a single episode. The show has been on the air since June 21 ...
Net income. US$3.759 billion (2020) [4] Number of employees. 309,000 (2024) [5] Website. hcahealthcare .com. HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care ...
WorldCom scandal. The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain ...