Three Cardinal Health executives have settled with the Securities and Exchange Commission over charges of securities fraud. The three were accused of presenting a phony picture of Cardinal’s finances to investors in contrast to the company’s true economic performance. The three executives settled without admitting or denying wrongdoing in a financial scheme the SEC said lasted from September, 2000, to March, 2004. (Click here for more)
“SEC And Ex-Cardinal Health Officers Settle Fraud Case” – Reuters (5/27/09)
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