PHILADELPHIA, April 30 /PRNewswire/ -- A class action lawsuit in the United States District Court for the Northern District of California was filed against McKesson HBOC, Inc. (NYSE: MCK) and certain officers and directors of the company. The lawsuit was filed on behalf of all purchasers of MCK securities between October 18, 1998 and April 27, 1999 inclusive (the "Class Period"). The Complaint asserts that defendants violated Section 10 (b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 by making material misrepresentations and omissions that caused the Company's stock to trade at artificially inflated levels during the Class Period. The Complaint alleges that defendants falsely reported its financial results for fiscal year 1999, causing its stock price to rise to $89-3/4 during the Class Period. On April 29, 1999, the Company disclosed that sales had been improperly recorded throughout fiscal year 1999, and the Company would have to restate its results. This stunning announcement caused McKesson's stock price to plunge to as low as $32 per share, closing at 34-1/2, a 47% one-day drop. If you purchased McKesson HBOC, Inc. (NYSE: MCK) common stock during the period October 18, 1998 through April 27, 1999, inclusive, and you wish to join this action, you may, not later than 60 days from April 28, 1999, move the court to serve as a representative plaintiff for the Class. If you wish to discuss this action or have any questions concerning this notice or your rights with respect to these matters, please contact Sherrie R. Savett, Esq., Merrill G. Davidoff, Esq., or Jill E. Sterbakov, Esq., toll-free at 888-891-2289, or via e-mail at investorprotect@bm.net. Plaintiffs seek to recover damages on behalf of all class members who purchased MCK securities during the Class Period, excluding the defendants and their affiliates, and are represented by Berger & Montague, P.C., and other firms. Berger & Montague, P.C. has over 50 attorneys representing plaintiffs in complex litigation. The Berger firm has extensive experience in representing plaintiffs in class action securities litigation and has played lead roles in major cases over the past 25 years which have resulted in recoveries in excess of two billion dollars for investors. Berger & Montague, P.C. is currently representing investors as lead counsel in securities actions against Waste Management Inc., Sunbeam Corp., and Boston Chicken, among others. For more information about Berger & Montague, P.C., please visit its home page at http://home.bm.net or telephone toll-free at 888-891-2289 or e-mail at investorprotect@bm.net.  