January 1, 2005

Just months after the merger of McKesson and HBO and Company, the new combined entity – McKesson HBOC – announces the discovery of prior financial reporting problems with HBOC. BLB&G’s investigation uncovers facts demonstrating that HBOC’s former auditor and McKesson’s financial advisor should have been aware of these problems prior to the merger. With the last remaining defendant settling just before trial, BLB&G obtains recoveries totaling over $1.04 billion.