HealthSouth Founder Richard Scrushy Will Pay $81 Million to Settle SEC Claims

Richard Scrushy, founder of HealthSouth Corp. will pay $81 million to settle Securities and Exchange Commission claims. The payment includes $77.5 million in gains and a $3.5 million penalty, but he has already been credited with $71.5 million toward this for money he has already forfeited. Scrushy was charged with …

Wal-Mart denies investigating stockholders

Wal-Mart is denying allegations that it investigated stockholders who submitted resolutions for the upcoming annual meeting. The Wall Street Journal reported earlier this month that Wal-Mart “directed its surveillance operations at critical shareholders,” citing a January 2007 memo. But CEO H. Lee Scott Jr. denies that the company investigated shareholders …

Gil Fuller, CFO of Usana, Says Almost No One Wants to Make Money in Usana Anyway

Almost none of the business builders want to make money anyway, according to CFO Gil Fuller, so no one need worry. He says that only about 12% of Usana associates want to actually make any money, and only about half of those actually try to make money. Here are a …

More on Patrick Byrne, CEO of Overstock.com, by Sam Antar

Two weeks ago, Sam Antar wrote about Overstock.com CEO Patrick Byrne, and what happens to people who ask questions about the company, his management, and curious details about the company’s financial statements. This week Sam has a follow-up, detailing a timeline surrounding events related to Patrick Byrne, Judd Bagley (Director …