Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Thursday, October 15, 2026
Courthouse News Service
Thursday, October 15, 2026 | Back issues
Courthouse News Service Courthouse News Service

SEC Sues Former Top Dogs at Cardinal Health

MANHATTAN (CN) - Three top executives of Cardinal Health juggled the books to make it appear that the company met market expectations, the SEC claims in Federal Court. Claiming they improperly reclassified more than $5 billion of "bulk revenue" as "operating revenue," the SEC sued Cardinal's former CFO Richard Miller, former controller and principal accountant Gary Jensen, and ex-VP of pharmaceutical finance Michael Beaulieu.

Categories / Uncategorized

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.