IN RE McKESSON HBOC, INC. SECURITIES LITIGATION

No. C-9920743RMW.

126 F.Supp.2d 1248 (2000)

In re MCKESSON HBOC, INC. SECURITIES LITIGATION This Document Relates to All Actions

United States District Court, N.D. California.

September 28, 2000.


Attorney(s) appearing for the Case

Leonard Barrack, Gerald J. Rodos, M. Richard Komins, Barrack, Rodos & Bacine, Philadelphia, PA, Max W. Berger, Daniel L. Berger, Rochelle Feder Hansen, Bernstein Litowitz Berger & Grossmann LLP, New York, NY, Co-Lead Counsel for Plaintiffs.

Moses Silverman, Thomas Gentile, Paul, Weiss, Rifkind, Wharton & Garrison, New York, NY, Michael J. Shepard, Howard Caro, Heller Ehrman White & McAuliffe, San Francisco, CA, Counsel for Defendant Charles McCall.

Paul Renne, Cooley Godward LLP, San Francisco, CA, Dorothy Kirkley, Penn Payne, Kirkley & Payne, LLP, Atlanta, GA, Counsel for Defendant Albert J. Bergonzi.

Mark Stein, David Hennes, Fried, Frank, Harris, Shriver & Jacobson, New York, NY, James T. Fousekis, David Romanski, Rachel Boehm, Steinhart & Falconer, San Francisco, CA, Counsel for Defendant Mark A. Pulido.

John A. Reding, Grace A. Carter, Maria Graesser, Paul, Hastings, Janofsky & Walker LLP, San Francisco, CA, Counsel for Defendant Jay P. Gilbertson.

William Alderman, Orrick, Herrington & Sutcliffe, San Francisco, CA, Counsel for Defendant Richard H. Hawkins.

Tony Powers, Rogers & Hardin, Atlanta, GA, Counsel for Defendant Jay M. Lapine.

Samuel R. Miller, James Goldberg, Folger Levin & Kahn LLP, San Francisco, CA, Counsel for Defendants Alfred C. Eckert, Philip A. Incarnati, Alton F. Irby, M. Christine Jacobs, Gerald E. Mayo, James V. Napier, and Donald C. Wegmiller.

Melvin R. Goldman, Paul T. Friedman, Morrison & Foerster LLP, San Francisco, CA, Counsel for Defendants Mary F. Bitterman, Tully M. Friedman, John M. Pietruski, David S. Pottruck, Carl E. Reichardt, Alan Seelenfreund, Jane E. Shaw, and Robert H. Waterman.

James J. Binns, Philadelphia, PA, J. Philip Kirchner, Flaster, Greenberg, Wallenstein, Roderick, Spirgel, Zuckerman, Skinner & Kirchner, P.C., Cherry Hill, NJ, Counsel for Defendant Michael Smeraski.

Douglas R. Young, Farella Braun & Martel LLP, San Francisco, CA, Counsel for Defendant Heidi E. Hodowitz.

Jonathan J. Lerner, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, James E. Lyons, Timothy A. Miller, Skadden, Arps, Slate, Meagher & Flom LLP, San Francisco, CA, Counsel for Defendant McKesson HBOC, Inc.

Marshall Grossman, Gwyn Quillen, Alschuler, Grossman, Stein & Kahan, Los Angeles, Stan Roman, Tracy Clements, Krieg, Keller, Sloan, Rilley & Roman LLP, San Francisco, CA, Counsel for Defendant Arthur Andersen LLP.

Paul H. Dawes, Iatham & Watkins LLP, Menlo Park, Jonathan M. Hoff, Dennis Block, Cadwaiader, Wickersham & Taft, New York, NY, Counsel For Defendant Bear Stearns & Co.


ORDER RE MOTIONS TO DISMISS

WHYTE, District Judge.

Pending before the court are fourteen motions to dismiss the complaint pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure, which were heard by the court on September 15, 2000. The court has read the moving and responding papers and heard the argument of counsel. The court's ruling is set forth in full at the end of this order.

I. BACKGROUND

This is a securities class action...

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