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Biotech / Medical : HEALTHSOUTH Corporation (HLSH)

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To: jmhollen who started this subject	4/16/2004 11:33:33 AM
From: jmhollen	of 116

Note: Lots of other HLSH News - check your best source..... Scrushy ordered to repay $25 million HealthSouth loan (HLSH) By Matt Andrejczak WASHINGTON (CBS.MW) -- Richard Scrushy, HealthSouth's (HLSH) ousted chief executive, was ordered to repay a $25 million company loan by a Delaware court, according to news reports. Scrushy repaid the loan by transferring his shares back to the health rehabilitation company in July 2002. The value of the shares soon plunged after HealthSouth issued a profit warning. The Delaware Supreme Court's ruling on Wednesday upholds a lower court ruling. Scrushy was indicted last year for allegedly orchestrating a massive accounting fraud at Birmingham, Ala.-based HealthSouth. His trial is scheduled for late August. .

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