By Dean Foust and Brian Grow
If this were a made-for-TV movie, it would be called Revenge of the CEO. When former HealthSouth (HLSH) Chairman and Chief Executive Richard Scrushy emerged from a Birmingham (Ala.) courthouse on June 28, acquitted by a jury on all 36 criminal counts brought by the government over his alleged role in a $2.7 billion accounting fraud, the worst of his legal problems were behind him. Now, if Scrushy has his way, it's payback time.
Cleared of fraud charges, Scrushy is intent on settling the score with HealthSouth, a company he founded in 1984. The board fired him in March, 2003, shortly after the