IBM Computer, Laptops and Servers

Laptop Battery Richard Hawkins, 53, of Atherton was indicted by the grand jury in San Francisco on charges of conspiracy, securities fraud and making false statements to an accountant in connection with an audit of McKesson. Hawkins also faces similar civil charges filed Tuesday by the Securities and Exchange Commission.

According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.

Thinkpad The indictment, the latest in a 5-year-old investigation, constitutes the first charges brought by federal authorities against any McKesson officer who was not associated with Atlanta medical software firm HBO & Co. before its acquisition by McKesson in January 1999 for $13.9 billion. The charges relate to Hawkins' conduct during the first quarter after McKesson acquired HBOC.

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Microsoft In an interview Tuesday, Hawkins' attorney, Walt Brown of San Francisco, denied any wrongdoing by his client, who he helped to uncover the fraud. "Mr. Hawkins is innocent," Brown said. "It is a travesty that after a five-year investigation, on the eve of the statute of limitations, they would try to take a good-faith judgment made by an innocent man and turn it into a criminal case."

by Freddie Mooche Michael Sears, former Boeing CFO, was sentenced to four months in jail for his role in illegally recruiting a top U.S. Air Force official. If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, box first. Print This Page Feb 19, 2005 (AXcess News) Michael Sears, former Boeing Co. ( BA) CFO, was sentenced to four months in jail for his role in illegally recruiting a top U.S. Air Force official. Then Boeing CFO, Sears, was also fined $250, 000.

Laptop Computers In a statement, McKesson reiterated that the company is not being investigated and noted that Hawkins left McKesson in June 1999.

laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)

Laptop Computer HBOC grew to become the nation's leading supplier of software for hospitals, pharmacies and other medical businesses. McKesson's purchase of HBOC pummeled McKesson's stock when fraud was discovered just 3 1/2 months later. Company executives were accused of orchestrating a bogus accounting scheme that falsified company ledgers to boost HBOC's profit.

Brown was one of 15 former HealthSouth executives who pleaded guilty to a variety of fraud charges after it was discovered that the company had been reporting inflated earnings for years. Forensic accountants working for HealthSouth's new management put the extent of the fraud at nearly $4 billion. Former HealthSouth Chief Executive Richard Scrushy, who had been accused of directing the fraud, in June was found not guilty of all charges by a Birmingham jury even though five former finance chiefs testified that he was aware of and involved in the bogus accounting.

Desktop Computer "In this case, the allegations, which now reach into the McKesson side of the company, involve a deception of striking magnitude, with an overall loss to investors from a fraudulent scheme involving this and other defendants that reaches into the billions of dollars," U.S. Attorney Kevin Ryan said in a statement.

Notebooks According to the civil and criminal charges, Hawkins participated in a fraudulent scheme with other former McKesson officers to artificially inflate the company's financial results for the quarter that ended March 31, 1999, by fraudulently recognizing revenue from a $20 million transaction between McKesson and Data General Corp.

Lenovo Hawkins and others reported revenue from the Data General transaction as part of the company's earnings release on April 22, 1999, despite the fact that McKesson's independent auditors told Hawkins that revenue from the transaction could not be recognized.

Hard Drive Soon after the fraud was discovered in April 1999, McKesson's stock price fell from about $65 to $34, slashing the company's market value by more than $9 billion.

Travelstar Hawkins is the 12th person to face civil charges in the wide-ranging investigation. The SEC complaint seeks to force Hawkins to pay disgorgement and civil penalties and prevent him from serving as an officer or director of a public company.

Gateway Of six former HBOC executives who have been criminally charged, four have pleaded guilty, including former co-chief executives Albert Bergonzi and Jay Gilbertson, former sales vice president Dominick DeRosa and former finance vice president Timothy Heyerdahl.

Laptop Parts Charges are pending against ex-HBOC chief executive Charles McCall and former general counsel Jay Lapine.

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