McKesson Manager Disgorges Insider Trading Spoils

Law360, New York (November 13, 2008, 12:00 AM EST) -- A former executive at health care services provider McKesson Corp. has agreed to disgorge over $117,000 to settle insider trading charges stemming from his company's purchase of D&K Healthcare Resources Inc.

Jonathan Wilson, a former senior manager in McKesson's finance department, consented to the settlement without admitting or denying wrongdoing. The U.S. Securities and Exchange Commission, which brought the case, did not seek a civil penalty and also waived pre- and post-judgment interest payments as a result of Wilson's financial condition.

According to a complaint and...
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