We are about to be sued for illegally selling opioids. After being fined for $150 Million by the Feds in a False Claims Act Allegations lawsuit over violation of the Controlled Substances Act (CSA) our ethical senior management has sunk to a new low.
Lifshitz & Miller announces investigation on behalf of MCK investors concerning MCK's monitoring and distribution of prescription painkillers.
... and ...
Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of McKesson Corporation
This lawsuit is basically stating that the management is cooking the books to prop the company up. From what I can see on the inside this company is having a very serous liquidity crisis. Can't afford to pay the bills which would explain the move from California to Texas. It allows the company to have a layoff without having to announce one officially. Moreover the acquisition of the new company is an obvious last ditch effort to buy a profitable company with the last of our cash before our expenses catch up with us.
Almost like they are in One Post just trying to see how many more mishaps they can startup!!