Former McKesson HBOC Chairman Charles McCall was convicted on four counts of securities fraud and one count of circumventing internal accounting controls. (McKesson and HBOC merged in January 1999.) The government accused McCall and other top company executives of defrauding shareholders from December 1997 to April 1999 by inflating publicly reported revenue. In March 2010, McCall was sentenced to ten years’ incarceration and ordered to pay a $1 million criminal fine and a $500 special assessment. Co-defendant Jay Lapine, former general counsel at McKesson HBOC, was acquitted of securities fraud and other charges.