Lawsuit for Investors in shares of McKesson Corporation (NYSE: MCK) Against Directors Announced by Shareholders Foundation

SAN DIEGO, CA / ACCESSWIRE / March 14, 2017 / The Shareholders Foundation, Inc. announces that lawsuits were filed by investors in NYSE: MCK shares against certain directors of McKesson Corporation over alleged breaches of fiduciary duties.

Investors who purchased shares of McKesson Corporation (NYSE: MCK) in 2009 or earlier and continue to hold any of those NYSE: MCK shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On January 17, 2017, it was announced that McKesson Corporation agreed to pay a record $150 million civil penalty for alleged violations of the Controlled Substance Act. Among other things, the settlement required McKesson Corporation to suspend sales of controlled substances from distribution centers in Colorado, Ohio, Michigan, and Florida for multiple years.

The plaintiff claims that the defendants’ breaches and other misconduct caused McKesson to suffer damages. The plaintiff says that these damages include, but are not limited to, the $150 million fine, severe loss of reputation and standing, and costs incurred as a result of the Department of Justice and the DEA (and related) investigations.

Those who purchased shares of McKesson Corporation (NYSE: MCK) in 2009 or earlier and continue to hold any of those NYSE: MCK shares should contact the Shareholders Foundation, Inc. at mail@shareholdersfoundation.com or call +1 (858) 779-1554.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 457187