Wednesday, May 27, 2009

Cardinal sinners?

NEW YORK (Reuters) - Three former senior officers of Cardinal Health Inc reached a settlement with the U.S. Securities and Exchange Commission over civil fraud charges they ran an earnings and revenue scheme, lawyers for the defendants said on Wednesday.

The regulator had accused former Chief Financial Officer Richard Miller, former controller and principal accounting officer Gary Jensen and former senior vice president of finance in the pharmaceutical products division, Michael Beaulieu, of securities fraud.

More

No comments: