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: The Law Planet BlogFormer Chairman found guilty on securities fraud charges for $8.6 billion fraud
By Dobin & Jenks
Former McKesson executive, Charles McCall can now join the Bernie Madoff Club. Yesterday he was found guilty of investment fraud that cost investors $8.6 billion. McCall is a former Chairman of the McKesson Corp.
A San Francisco jury found him guilty of securities fraud and violating accounting rules. On a positive note he was acquitted on falsifying records. His sentencing will take place next March.
Read the Bloomberg article to learn more on the Securities charges against Mr. McCall and his former colleagues.
Full post as published by The Law Planet Blog on November 20, 2009 (boomark / email).
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