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Welcome to the McKesson HBOC Inc. Securities Class Action Settlement Home Page.
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Update:
Court approves Bear Stearns & Co. Inc. Settlement (See Case Status for more details).  Class counsel, on behalf of class members, moved for an initial distribution of 55% of the McKesson and AALLP Settlement Funds and the Court took it under submission.
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Lead Plaintiff Agrees to a Settlement of this action against Bear Stearns for $10 Million in cash.
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Lead Plaintiff Agrees to $72.5 Million Settlement With Arthur Andersen LLP. Court approves Arthur Anderson LLP Settlement.
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If you have already submitted a proof of claim form in connection with either the McKesson Settlement or the Arthur Anderson LLP (AALLP) Settlement, there is no need for you to submit another one. If you are a class member and you wish to receive monies from the recovery in the Bear Stearns Settlement but you have not yet submitted a Proof of Claim and Release form, you must properly fill out and submit a proof of Claim and Release form. The postmark date for submitting a Proof of Claim and Release form for the Bear Stearns litigation was January 11, 2008.
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If you purchased or otherwise acquired publicly traded securities of HBO & Company during the period from January 20, 1997 through and including January 12, 1999, purchased or otherwise acquired call options or sold put options of HBO & Company during the period from January 20, 1997 through and including April 27, 1999, and were injured thereby; if you purchased or otherwise acquired publicly traded securities or call options, or sold put options, of McKesson or of McKesson HBOC, Inc. during the period from October 18, 1998 through and including April 27, 1999, and were injured thereby; or if you held McKesson common stock on November 27, 1998 and still held those shares on January 12, 1999 and were injured thereby, you may be a "Class Member" and may be entitled to share in the settlement proceeds.
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Excluded from the Settlement Class are:

i.
defendants;
ii.
members of the immediate family of each individual defendant;
iii.
any entity in which any defendant has a controlling interest;
iv.
any person who was an officer or a director of HBOC or McKesson (or their subsidiaries or affiliates) during the Settlement Class Period;
v.
any person who was an officer, director, employee or affiliate of Bear Stearns during the Settlement Class Period;
vi.

any person who was a partner in Arthur Andersen during the Settlement Class Period; and
vii
the legal representatives, heirs, successors or assigns of any such excluded party.
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"Officer of HBOC or McKesson," means any person employed by HBOC or McKesson who held a position at or above the level of assistant vice president.

Also excluded from the class are persons and/or entities who exclude themselves from the class in accordance with the requirements set forth in the Notice of Pendency and Proposed Settlement of Class Action dated October 5, 2007.

The settlement with McKesson and HBOC created a settlement fund of $960 million in cash, plus accrued interest and the settlement with Arthur Anderson LLP created a settlement fund of $72.5 million in cash, plus accrued interest. The proposed settlement with Bear Stearns & Co. will create a settlement fund of $10 million in cash, plus accrued interest.

Lead Plaintiff, the New York State Common Retirement Fund ("Lead Plaintiff"), has entered into a proposed settlement of the Litigation with defendant Bear Stearns & Co.  Lead Plaintiff previously entered into a settlement (the "McKesson Settlement") with defendants McKesson Corporation (including the company formerly known as McKesson HBOC, Inc.), HBO & Company ("HBOC"), the Individual Defendants, as more fully described in the Notice of Pendency and Proposed Settlement of Class Action Against McKesson HBOC, Inc. and HBO & Company and with Arthur Anderson LLP (the "AALLP Settlement").

Note: This website is being provided as a service to potential class members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice of Pendency and Proposed Settlement of Class Action and Proof of Claim form.