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Ex-HealthSouth CEO's house, lots to be auctioned

Ex-HealthSouth CEO's house, lots to be auctioned

An attorney for HealthSouth shareholders says the imprisoned executive's house in Vestavia Hills and two adjacent lots will be sold together.


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BIRMINGHAM, Ala. (AP) - A $4 million estate in central Alabama
that belonged to former HealthSouth chief executive Richard Scrushy
is going to be auctioned next month.
An attorney for HealthSouth shareholders says the imprisoned
executive's house in Vestavia Hills and two adjacent lots will be
sold together. The proceeds will go toward paying Scrushy's debt to
HealthSouth Corp. shareholders.
Scrushy's $7.4 million house on Lake Martin was auctioned
earlier this month. The only bidder was the HealthSouth shareholder
group.
The former HealthSouth CEO owes the money because he was found
liable for leading an accounting fraud at the Birmingham-based
operator of physical therapy clinics. Scrushy is serving time in
federal prison.

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