Richard Scrushy on Bad Lawyers, Beating False Charges & Building Healthcare Businesses
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About this listen
In this episode of Scrushy on Business, Richard Scrushy opens up about legal battles, dishonest lawyers, and conflicts of interest that nearly destroyed his life and career – and how he is fighting back. He explains what really happened in his federal case, being found not guilty on 36 counts, and why entrepreneurs must protect themselves in today's litigious business environment.
Richard also digs into the business lessons behind the headlines:
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How conflict of interest in law firms can devastate a client
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Why you must run conflict checks and ask tough questions of your attorneys and advisors
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How media narratives get built – and why the truth doesn't always "catch up" online
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What Sarbanes-Oxley, SEC rules, and stock exchange regulations really mean for founders and CEOs
Then the conversation turns to entrepreneurship in healthcare and leadership:
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Is healthcare still a good industry for entrepreneurs? (Short answer: yes)
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Where the opportunities are in urgent care, telemedicine, diagnostics, and biologics
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How to create an ownership mindset in your company with stock options and shared upside
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Why faith and intuition in business matter when you're deciding who to trust and who to walk away from
If you're a business owner, startup founder, healthcare entrepreneur, MBA student, or executive, this episode is packed with real-world insight you won't get in a textbook: lawsuits, regulation, leadership, corporate governance, and the personal toll of being a high-profile CEO.
📝 Topics in this episode include:
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Legal ethics, conflicts of interest & dishonest lawyers
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How prosecutors and media shape a public narrative
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Public company governance, SEC & stock exchange rules
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Healthcare business opportunities & controlling costs
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Building an ownership culture with stock options
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Faith, intuition, and character in leadership
📩 Have a question for Richard?
Email: info@ScrushyOnBusiness.com and your question might be featured in a future episode.
🔔 Don't forget to like, subscribe, and turn on notifications for more conversations on entrepreneurship, leadership, healthcare business, and real-world lessons from the boardroom and the courtroom.