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… I ask the 9th Circuit to please carefully read these transcripts,” Alsup said. Afterwards, Wells told The Recorder he “respectfully disagreed” with Alsup’s stance, and planned an immediate appeal to the 9th Circuit.
Alsup ordered McCall to pay a $1 million fine, and to surrender at noon on March 31. He then complimented the lawyers on both sides for superb work.
“Justice has been a long time coming in this case,” he concluded.
A jury convicted McCall after top executives at his company made up sales shortfalls by ginning up side letters that allowed customers to pull out of sales contracts, and then hiding those letters from company auditors. McCall allegedly learned of the scam during HBOC’s merger talks with McKesson.
The feds tried to lock up McCall in December, saying he didn’t disclose a 2006 arrest for soliciting a prostitute. But Alsup hiked his bail instead.

See the full article from “Corporate Counsel”