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Scrushy Lawyers Argue Sarbanes-Oxley Law Too Vague

Former HealthSouth CEO Richard Scrushy asked a federal judge Wednesday to throw out a key part of his indictment, saying a 2002 law aimed at clamping down on corporate fraud is unconstitutionally vague. Attorneys for the ousted chief of the rehabilitation giant also argued that the Sarbanes-Oxley Act puts corporate officers in an unfair position. Scrushy last year became the first chief executive charged under the law.

June 17, 2004 at 12:00 AM

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