McKesson Ex-Chairman Acquitted

A mistrial is declared on six counts, the AP reports.
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Two former McKesson (MCK) - Get Report executives were acquitted Friday of one count of federal securities fraud, the Associated Press reported.

A mistrial was declared on six other counts in a huge accounting scandal at the pharmaceutical-distribution company, AP reported.

Charles McCall, the former McKesson chairman, was charged with fabricating revenue and then trying to cover up a conspiracy to inflate profits before the company's 1999 merger with Atlanta health-services software maker HBO, AP said.