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Wednesday, January 12, 2005

McKesson Case Settles for $960 Millon--Fifth Largest Ever

McKesson Corp. announced today that it has settled the consolidated securities class actions against it for $960 million.  When finalized, this settlement will shoot all the way to #5 on the SCAS "Top 100" list of the largest securities class action settlements of all-time.

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Listed below are links to weblogs that reference McKesson Case Settles for $960 Millon--Fifth Largest Ever:

» McKesson Settles from The 10b-5 Daily
McKesson Corp. (NYSE: MCK), a San Francisco health services company, has announced the preliminary settlement of the securities class action pending against the company in the N.D. of Cal. The case was based on the discovery of accounting improprieties... [Read More]

   
 
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