SEC Charges Ex-McKesson Exec With Insider Trading

Law360, New York (November 14, 2008, 12:00 AM EST) -- A former executive at health care services provider McKesson Corp. has been accused of insider trading in connection with the company's purchase of D&K Healthcare Resources Inc. in 2005.

California resident William M. Gallahair, former vice president of sales for McKesson, was charged with violating the Securities Act of 1934 in a complaint filed Wednesday in the U.S. District Court for the Northern District of California.

The U.S. Securities and Exchange Commission, which brought the complaint, claims Gallahair learned about McKesson's plans to acquire D&K from...
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