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9th Circ. Denies Dismissal To HBOC Fraud Defendants

Law360, New York (November 04, 2008) -- Two former executives of health care software firm HBO & Co. may have to stand a second trial for securities fraud charges related to the company’s 1999 merger with pharmaceutical distributor McKesson Corp., following a recent appeals court ruling.

The U.S. Court of Appeals for the Ninth Circuit affirmed on Friday a ruling in the U.S. District Court for the Northern District of California, denying dismissals of securities fraud...

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